Verilink Corporation agreed to acquire Larscom for approximately 6 million shares of Verilink common stock, with each Larscom share being converted into 1.166 Verilink shares, subject to certain adjustments. The deal is valued at about $26.5 million.
Larscom offers a range of metro access products, including optical edge access multiplexers for both TDM and Ethernet over SONET, integrated access devices (IADs), inverse multiplexers and CSU/DSUs. Larscom is based in Newark, California.
Verilink provides customer premises voice and data access solutions to service providers, strategic partners and enterprise customers. Its product line encompasses voice over packet and voice over TDM IAD solutions including VoIP, VoDSL and VoATM. Data only offerings include access routers, probes, CSU/DSUs, DACS and network monitoring solutions. Verilink is based in Madison, Alabama. http://www.verilink.comhttp://www.larscom.com
- Earlier this month, Larscom announced a significant software upgrade for its Orion 7400 Ethernet over SONET (EoS) multi-service access platform. New capabilities include: 1) Ethernet "Q-in-Q" VLAN Tagging support, 2) Advanced Ethernet Performance Management for Service monitoring, and 3) Dynamic WAN bandwidth allocation using LCAS capability. Additionally, the Orion 7400 Release 2 software breaks new ground by providing a full suite of SONET performance parameters for its 10/100 and Gigabit Ethernet interfaces, enabling providers to support a variety of Service Level Agreements (SLAs) by utilizing performance reporting capabilities.
- In June 2003, Larscom acquired VINA Technologies, a start-up supplier of integrated access devices.
