ADVA Optical Networking Acquires Engineering Division from Technology Incubator

ADVA Optical Networking Acquires Engineering Division from Technology Incubator

ID: 436053

(Thomson Reuters ONE) -
ADVA Optical Networking SE /
ADVA Optical Networking Acquires Engineering Division from Technology Incubator
. Processed and transmitted by NASDAQ OMX Corporate Solutions.
The issuer is solely responsible for the content of this announcement.

New Team Members to Play Strategic Role in Developing Optical Monitoring
Solutions

Munich, Germany. November 27, 2015. ADVA Optical Networking announced today that
is has acquired an engineering division from technology incubator, mic AG. The
talented team of engineers is specifically focused on the development of optical
monitoring technology in fiber networks. Their skills will be key for ADVA
Optical Networking as it continues to rapidly advance its popular ADVA FSP 3000
Access Link Monitoring (ALM) product. Since its launch in 2014, the ADVA FSP
3000 ALM has been widely applauded for introducing a compact and easy-to-use
optical monitoring solution - something previously missing from the marketplace.
The new team members will be based in ADVA Optical Networking's Meiningen campus
and will begin work as soon as the acquisition is finalized.

"We have one of the biggest engineering teams in the industry. It's this
combined intelligence, this collective insight, that sets us apart," said
Christoph Glingener, CTO, ADVA Optical Networking. "That's why this acquisition
is so important. We're adding dynamic new talent to an already impressive
engineering force. Our new team members will help us to further strengthen our
layer 1 assurance strategy. In a world driven by cloud and mobility, service
delivery and assurance are critical factors that can effectively decide the
success or failure of cloud offerings. That's why our team will be working hard
to explore new possibilities and rapidly implement new features. Make no
mistake, in 2016, our FSP 3000 ALM will be a product to watch. I can't wait to




see what our new team achieves."

ADVA Optical Networking's FSP 3000 ALM was introduced as a direct response to
service providers' requests for more insight into their fiber access networks.
Previously, this was only possible with very large and expensive optical
monitoring equipment. By contrast, the ADVA FSP 3000 ALM is a small, non-
intrusive device that operates independently of data networking equipment. This
separation of fiber monitoring from services and applications enables the ADVA
FSP 3000 ALM to monitor fiber access networks regardless of the bitrate and
protocol the overlaying service is using. The ADVA FSP 3000 ALM gives service
providers up-to-the-second knowledge of their fiber plant and an understanding
of where and what action may need to be taken to ensure continued service
availability.

"We're a company focused on developing the next generation of innovators -
people who are going to help drive technology to new heights. It's our business
and our passion," commented, Claus-Georg Müller, CEO, mic AG. "In many respects,
ADVA Optical Networking is a kindred spirit. They understand how important it is
to nurture talent; how important it is to invest in people and technology.
They've seen on many occasions what happens when you do this. The ADVA FSP 3000
ALM is one clear example. With this acquisition, ADVA Optical Networking will
gain an incredible team of engineers; people who have a deep understanding of
optical monitoring equipment and will be able to rapidly propel the ADVA FSP
3000 ALM forward. I'm proud of each member of this team and can't wait to follow
their next steps."

Watch this video for more information on the ADVA FSP 3000 ALM:
https://youtu.be/ScBSQiNQvY0.

# # #

About ADVA Optical Networking
At ADVA Optical Networking we're creating new opportunities for tomorrow's
networks, a new vision for a connected world. Our intelligent telecommunications
hardware, software and services have been deployed by several hundred service
providers and thousands of enterprises. Over the past twenty years, our
innovative connectivity solutions have helped to drive our customers' networks
forward, helped to drive their businesses to new levels of success. We forge
close working relationships with all our customers. As your trusted partner we
ensure that we're always ready to exceed your networking expectations. For more
information on our products and our team, please visit us at:
www.advaoptical.com.

Published By:
ADVA Optical Networking SE, Martinsried/Munich and Meiningen, Germany
www.advaoptical.com

For Press:
Gareth Spence
t +44 1904 699 358
public-relations(at)advaoptical.com

For Investors:
Stephan Rettenberger
t +49 89 890 665 854
investor-relations(at)advaoptical.com



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: ADVA Optical Networking SE via GlobeNewswire
[HUG#1969615]




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Lifetime Business Achievement Medal of Honor MacGregor wins breakthrough order in pioneering offshore wind farm project
Bereitgestellt von Benutzer: hugin
Datum: 27.11.2015 - 14:00 Uhr
Sprache: Deutsch
News-ID 436053
Anzahl Zeichen: 5906

contact information:
Town:

Martinsried/Munich



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 282 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"ADVA Optical Networking Acquires Engineering Division from Technology Incubator"
steht unter der journalistisch-redaktionellen Verantwortung von

ADVA Optical Networking SE (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

ADVA leads project to boost optical network capacity ...

ADVA (FSE: ADV) today announced that it?s leading a research project aimed at significantly expanding the capacity of optical metro and core networks. Funded by Germany?s Federal Ministry of Education and Research (BMBF), the OptiCON project is explo ...

Alle Meldungen von ADVA Optical Networking SE



 

Werbung



Sponsoren

foodir.org The food directory für Deutschland
News zu Snacks finden Sie auf Snackeo.
Informationen für Feinsnacker finden Sie hier.

Firmenverzeichniss

Firmen die firmenpresse für ihre Pressearbeit erfolgreich nutzen
1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z