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Our Bureau

Bangalore May 15

Alcatel-Lucent has acquired the Bangalore-based privately-held NetDevices, a developer of services gateway products for enterprise branch networks, for an undisclosed sum.

NetDevices delivers enterprise networking platform known as a Unified Service Gateway, which is designed to reduce the cost and complexity of managing branch office networks.

NetDevices was founded in 2003 and has 45 employees located in Sunnyvale, its headquarters and Bangalore, India.

"Enterprises are quickly evolving to a converged communications infrastructure of data, voice, and security services running with high reliability and serviceability. Traditional architectures lack the flexibility and programmability to deploy these new converged infrastructures in a cost-effective way.

"A fresh approach based on the innovative enterprise platform from NetDevices combined with our core strengths of voice and switching helps to deliver the best in class enterprise networks," said Mr Hubert de Pesquidoux, President of Alcatel-Lucent's enterprise activities.

Mr Seenu Banda, founder and CEO of NetDevices, said "Alcatel-Lucent provides an ideal partnership with its global sales, service, and the development capabilities. With this agreement, NetDevices joins Alcatel-Lucent to complement its solutions, and to pursue our goal of delivering innovative products to a large set of customers worldwide."

On completion of the deal, the NetDevices team and products will be integrated into Alcatel-Lucent's Enterprise Business Group, reporting into Mr Tom Burns, President of Alcatel-Lucent's Enterprise Solutions activities.

More Stories on : Mergers & Acquisitions | Software

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