OneAccess, a France-based provider of enterprise access routers and IP services, has acquired AETA.com, a provider of network transmission equipment, including high-speed Ethernet point-to-point and point-to-multipoint solutions. No financial terms were disclosed. OneAccess has raised over $25 million in VC funding from firms like AGF Private Equity, CIC Capital, T-Venture, VPSA, Innovacom, HarbourVest Partners and Tempo Capital Partners.
PRESS RELEASE
OneAccess, the European leader of enterprise access routers and business multiplay IP services, today announced the acquisition of AETA.COM. AETA.COM, recognised in the market for their innovative networks transmission equipment, has achieved particular success in the Fiber Optic segment with its ultra high-speed Ethernet network point-to-point and point-to-multipoint solutions.
A successful diversification strategy introduced in 2006 has resulted in AETA.COM growing in both its traditional telco market as well as new markets including the aeronautical sector. Currently, AETA.COM is actively participating in the deployment of a Video and Internet system integrated in plane seats, and the creation of flight test devices for a major worldwide aeronautic manufacturer.
The acquisition of AETA.COM will enable French owned, OneAccess, to compete in the fast growing gigabit Ethernet market as operators update their network architecture based on high-speed end-to-end Ethernet technology.
The acquisition of AETA.COM is the third in 3 years for OneAccess. In 2005 the company acquired European Vanguard Managed Solutions, and in 2006 Telindus Access Products (TAP), a division of Telindus Group. AETA.COM, has 25 employees and has two divisions, one in Plessis-Robinson (south of
Bertrand Meis, OneAccess CEO said: “The acquisition of AETA.COM is very significant one as it considerably strengthens OneAccess as a global solutions supplier for the enterprise access networks. The product range we can now offer our customers includes Gigabit fiber optic technology and Metro Ethernet access solutions.
Bertrand de Fleurieu, AETA.COM CEO, said: “This acquisition enables us to leverage our high speed fibre optic expertise on a global basis, an essential requirement for effectively serving major Telecom operators.”
About OneAccess
Created in 2001, OneAccess develops and manufactures multiservice access routers and network access equipments. OneAccess built its success by focusing on answering telecommunication operators' requirements. The OneAccess product range is designed to deliver top-quality services, ensuring high security levels, reliability and facilitated integration. The result is improved productivity and reduced Total Cost of Ownership. Since its creation, OneAccess has grown to become a worldwide provider of network access equipment, working with a large number of incumbent (ILEC), alternative (CLEC) operators and various service providers.
For more information: contact@oneaccess-net.com
About AETA.COM
AETA.com develops and manufactures Ethernet, IP and ATM access devices. Experts in transmissions over copper or fiber optic, AETA.COM offers incumbent and alternative operators products for various applications: mobile backhaul, demarcation equipment, protocol conversion and IP migration.
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