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ADVA Optical Networking Ushers in New Era of Timing Distribution and Assurance - Strategic Acquisition of Oscilloquartz SA Now Complete - OscilloQuartz.com / AdvaOptical.com
ADVA Optical Networking Ushers in New Era of Timing Distribution and Assurance

 

PRZOOM - /newswire/ - Munich, Germany, 2014/04/08 - Strategic Acquisition of Oscilloquartz SA Now Complete - OscilloQuartz.com / AdvaOptical.com. FSE: ADV

   
 
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ADVA Optical Networking announced today the successful completion of its acquisition of Oscilloquartz SA from the Swatch Group. The acquisition is a major milestone for ADVA Optical Networking as it continues its rapid expansion into the synchronization business. The acquisition now provides ADVA Optical Networking with a complete end-to-end solution for the delivery and assurance of highly accurate timing a first within the industry. This end-to-end solution is of vital importance to an increasingly broad market. It's not only critical in the development of mobile broadband networks but also to a wide range of enterprises, including financial organizations, utility companies and government institutions.

"There can be no question that timing delivery and assurance will be one of the most important technologies in our industry, in our networks," said Gil Biran, senior vice president, Corporate Development and Strategy, ADVA Optical Networking and designated management leader, Oscilloquartz. "It will be crucial to the development and, ultimately, the success of so many businesses, especially for mobile network operators seeking to leverage the opportunities of TD-LTE and LTE-Advanced (LTE-A). With the acquisition of Oscilloquartz we have a unique advantage over anyone else in the industry. The scalability of our solution from the core to the last mile of the network, the accuracy of our clock recovery and the experience of our team is second to none. Timing distribution and assurance is an end-to-end technology and not just needed in the core or at the edge of a network. Our combined solution is a game changer, a true competitive edge."

To be fully integrated into ADVA Optical Networking's Syncjack™ solution, Oscilloquartz’ technology provides a unique differentiator. It's the most established within the industry and has gathered a significant footprint over its long history. However, the unique integration of ADVA Optical Networking and Oscilloquartz immediately opens up major new business and revenue opportunities. What's more, these opportunities are only going to increase, fueled by the transition to packet-based network infrastructure. Consider the evolution of mobile backhaul or the development of synchronization in enterprise networks. We're at the very start of critical network developments. The next few years will clearly highlight the strategic vision of this acquisition.

“Accurate delivery and assurance of timing is required for the evolution of mobile broadband networks from 3G to LTE to LTE-A and TD-LTE and on to 5G smooth cell-to-cell handoffs in dense small cell environments or fast moving cars and trains will not work without it,” stated Michael Howard, co-founder and principal analyst, Infonetics Research. “It’s about time: Oscilloquartz has been a pioneer and key player in atomic clocks, timing and synchronization for decades. The addition of Oscilloquartz to ADVA Optical Networking forms a strong team that addresses all timing and synchronization areas of packet networks.”

 
 
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Agency / Source: ADVA Optical Networking

 
 

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ADVA Optical Networking Ushers in New Era of Timing Distribution and Assurance

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ADVA Optical Networking | Oscilloquartz SA
Contact: Press Office - AdvaOptical.com 
+49(0)89 89 06 65 0 info[.]advaoptical.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ADVA Optical Networking securities in any jurisdiction including any other companies listed or named in this release.

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