Marlin Equity Buys Sycamore Networks Biz


Marlin Equity Partners acquired the optical networking business of Sycamore Networks Inc., the firm announced. Sycamore is publicly traded and based in Chelsmford, Mass. No financial terms were disclosed.

PRESS RELEASE

Marlin Equity Partners has acquired the optical networking business of Sycamore Networks, Inc. (NASDAQ:SCMR), a Chelsmford, MA-based provider of intelligent optical networking and multiservice access solutions deployed in fixed-line and mobile networks around the world. Its solutions improve utilization of network capacity, increase operational efficiencies and cost-effectively transition from circuit to packet services, while ensuring the highest degree of service availability. The new Marlin entity will be called Sycamore Networks Solutions. No financial terms were disclosed.