BANGALORE: ICT solutions provider Brocade is planning to acquire Connectem, a company present in the LTE virtual Evolved Packet Core (vEPC) space, in an all-cash transaction.
However, the exact amount of the acquisition was not disclosed. The deal is expected to be closed by the second quarter of 2015.
The acquisition will extend Brocade’s portfolio in software networking and virtualized network functions, by enabling service providers and enterprises to offer connectivity between mobile and IoT devices, data centers, as well as public and private clouds.
Connectem’s vEPC solutions integrate with Brocade’s software and physical networking product portfolios to deliver new IP data center infrastructure, a statement said.
Connectem software focuses on mapping mobile workloads to cloud resources, eliminating the constraints of physical equipment boundaries while maintaining the capability to integrate with traditional node-based EPC architectures.
“This acquisition strengthens Brocade’s position in the networking industry as the adoption of software-centric networking continues to accelerate,” said Lloyd Carney, CEO of Brocade. “I am very pleased to bring this technology into our portfolio as we invest strategically in New IP across NFV and SDN to provide seamless data center and cloud solutions.”
“There is a step-function in scalability required to connect the billions of new devices joining the Internet of Things,” said Nishi Kant, CEO of Connectem.
Upon completion of the acquisition, Connectem will be included in Brocade’s Emerging Business Group reporting to Ken Cheng.