EXFO Electro-Optical Engineering Inc. has announced it has completed its acquisition of the assets of gnubi communications, L.P.
gnubi communications is a supplier of multi-channel telecom and datacom testing solutions for system manufacturers.
In September, EXFO had signed an agreement to purchase substantially all the assets of gnubi in a stock-and-cash deal ranging between $4.3 million and $7.2 million, depending on sales volume in the next 12 months. After the closing of the transaction, approximately 1.5 million shares were issued to gnubi.
gnubi's protocol-layer test instruments enable multi-channel, bit-error-rate testing of SONET/SDH and Gigabit Ethernet optical systems reaching data transmission rates of 10 Gb/s. Its product offering addresses test requirements for multiple communication ports in lambda routers, optical switches, cross-connects and DWDM systems. Altogether, gnubi has delivered more than 15,000 test ports to more than 50 customers worldwide.
EXFO, which is based in Quebec City, Canada, is a designer and manufacturer of optical fiber test, measurement, monitoring and automation solutions for the global telecommunications industry. For more information, visit
www.exfo.com.
