EXFO Acquires Astellia

EXFO Acquires Astellia Image Credit: EXFO

EXFO, a specialist in fibre optic testing and mobile network monitoring has acquired 97.44% of the share capital and at least 95.07% of the voting rights of Astellia.

Astellia is a global leader in the performance analysis of mobile networks and subscriber experience. With headquarters in Rennes, France, Astellia reported sales of €38.6 million in 2017, and has over 400 employees and more than 120 customers worldwide.

The company's solutions and services help mobile network operators improve service quality, maximize operational efficiency, reduce subscriber churn and develop revenues in core network, RAN, LTE and SDN/NFV deployments.

Given that minority shareholders do not represent more than 5% of the share capital or the voting rights of Astellia, EXFO intends to implement a mandatory squeeze-out of the remaining shares and de-list Astellia from the Euronext Paris Exchange. 

Germain Lamonde, Founder and Executive Chairman, EXFO
By joining our strengths and technologies, we are creating unique capabilities to help operators keep pace with a quickly changing industry and ever-increasing consumer expectations.

Abdelkrim Benamar, CEO, Astellia 
Together, EXFO and Astellia are in a stronger position to help operators make the most of their 3G and 4G investments as well as deploy 5G, RAN and C-RAN infrastructures.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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