Anite, a global leader in wireless network testing technology is acquiring Xceed Technologies, a US-based software company providing data agnostic solutions for network optimization, analysis and reporting to meet the growing market requirements for data analysis and post-processing and to further expand its network testing product portfolio. Xceed Technologies will be integrated into Anite’s Network Testing business unit.
Anite, the company behind the Nemo brand said that the acquisition of Xceed is in line with its strategy to reinforce its position as a global leader in wireless test solutions. The acquisition will enable Anite to offer an integrated Network Testing portfolio for data analysis which includes its product ranges such as Nemo Analyze, WindCatcher and Xynergy.
"The addition of Xceed Technologies positions Anite as a strong player in the analytics and post-processing market and is in line with our strategy. The transaction will enable us to globalise Xceed’s product portfolio via Anite’s extensive sales and reseller network. The two companies complement each other’s skills and know-how and together will accelerate product innovations to meet this market’s diverse requirements – now and into the future."
- Petri Toljamo, Managing Director of Anite’s Network Testing business
“This transaction is beneficial to both Anite and Xceed customers. WindCatcher and Xynergy are highly complementary to Anite. Our strong US footprint combined with Anite’s comprehensive product portfolio will make it possible for us to offer more to both customer bases. In addition, Anite’s solid financial status will enable us to increase product investment and access their global customer reach."
- Bary Azmi, CEO of Xceed
