Sonus Networks said Friday it has agreed to...
Sonus Networks said Friday it has agreed to buy Performance Technologies for about $30 million. Sonus said the deal would accelerate its mobility strategy by “adding Diameter Signaling capabilities required in all-IP, IMS 4G/LTE” networks. The deal would also “expand…
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and diversify” Sonus’s portfolio through the addition of an integrated, virtualized Diameter and session initiation protocol technology portfolio, the company said. Sonus expects the deal will allow it to expand its presence in the addressable market to almost $3 billion in 2017 (http://bit.ly/IKlTPv).