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Tollgrade finalizes purchase of Emerson Network Power

Tollgrade Communications Inc. announced today it has completed its acquisition of the wireline test system unit of ...


March 14, 2006  


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Tollgrade Communications Inc. announced today it has completed its acquisition of the wireline test system unit of Emerson Network Power, Energy Systems, North America, Inc., a subsidiary of Emerson Electric Co.

In February, Tollgrade signed an agreement to purchase substantially all of the assets and assume certain specified liabilities of Emerson Network Power’s test system unit for approximately US$5.5 million in cash, subject to adjustments for working capital and other items.

The company provides wireline testing software and hardware products for DSL and traditional POTS applications.

Tollgrade, meanwhile, currently deploys test systems in about one-third of the world’s existing access lines.

Its customers range from the top regional Bell operating companies in the U.S. to numerous independent telecom, cable and broadband providers around the world.