ADVA Optical Networking's Oscilloquartz division has acquiredTime4 Systems, which produces SFP-based pluggable clock devices that drive synchronization deeper into the access network. Financial terms were not disclosed.
Time4 Systems is a start-up based in Finland with 6 people in total. Its network synchronization technology consists of SFP-based, pluggable clock devices that leverage global navigation satellite system (GNSS) receivers, telecom slave clocks (T-SCs), grandmasters (GMs) or boundary clocks (BCs). The SFP-based pluggable clock devices will become a part of the Oscilloquartz product portfolio and complement its existing synchronization offerings.
“Time4 Systems has a strategic understanding of the synchronization space. Their SFP-based pluggable sync devices are a clear example of this. They are a breakthrough technology for our industry,” said Brian Protiva, CEO, ADVA Optical Networking. “This technology enables Time4 Systems to address a number of key pain points for service providers that are seeking to deploy synchronization devices much deeper in the access network. This is why we acquired them. They are an ideal fit for our Oscilloquartz business and further strengthen a strong product portfolio. In fact, we already have a number of new business opportunities that we’re pursuing and we believe there’s a very clear market out there.”
http://www.advaoptical.com/
In 2014, ADVA Optical Networking SE acquired Oscilloquartz SA from Swatch Group. Financial terms were not disclosed.
ADVA said the Oscilloquartz product portfolio complements its own Syncjack offering and enables the company to deliver a complete end-to-end solution and smooth migration for frequency and time synchronization to network operators, a large number of enterprise verticals and governmental institutions.