SupportSoft to Acquire Core Networks for $17 Million

SupportSoft will acquire Core Networks, a start-up providing software products for network monitoring, management and activation of advanced digital services for DSL and cable, for $17 million in cash.



The companies said Core Networks' software products are evolving into a comprehensive portfolio of solutions for network management and monitoring, usage policy management, firmware upgrade management and remote management of home network devices. The technology will be combined with SupportSoft's Real-Time Service Management platform to form an end-to-end solution for IP-based digital services.



Core Networks is based in Halifax, Nova Scotia. http://www.supportsoft.comhttp://www.corenetworks.com