Taldan Capital Buys Teledata Networks

Taldan Capital has acquired Teledata Networks, a division of publicly traded Enablence Technologies. Terms were not released. Teledata is a provider of network access technologies of IP, Ethernet, xDSL, GPON and VoIP to telecom operators. Taldan Capital is a private equity firm based in San Francisco and Tel-Aviv.

PRESS RELEASE

Taldan Capital, a special situation private equity firm based in San Francisco, California and Tel-Aviv, Israel, is pleased to announce the acquisition of Teledata Networks (“Teledata”), a division of Enablence Technologies (TSX VENTURE: ENA) for the past two years.

 

Teledata is a market leader of multi-service Access Network technology and solutions, delivering state of the art, carrier grade network access technologies of IP, Ethernet, xDSL, GPON and VoIP to major telecom operators around the world. Teledata’s solutions enable telecom operators a smooth migration to Next

Generation Networks (NGN) and a full Triple Play service portfolio. Founded in 1981, Teledata was publicly traded on the Nasdaq during the 1990’s, and previously owned by ADC Telecommunications in the early 2000’s.

 

“We are very excited to acquire Teledata, a company with a an excellent track record of product innovations supported by a highly experienced R&D team, superior product performance (legacy & next generation), a meaningful installed base in emerging markets, and a sustainable technology product roadmap.” said Uzi

Hadar, Co-Founder & Managing Partner of Taldan Capital.

 

Teledata has accumulated a large installed base of blue chip customers spanning across Europe, Asia, Latin America and Africa. The Company’s global customer reach includes tier one telecom operators who deploy millions of lines using Teledata’s solutions. In addition to nearly 7 million installed lines of narrowband and broadband services, Teledata continues to qualify its innovative system and product pipeline to continually penetrate newer markets such as the North America, where its BroadAccess Platform is well suited to deliver its unique performance and cost requirements demanded by customers in the North American region.

 

“We have been very impressed with the management team’s successful addition and rollout of Teledata’s leading GPON FTTx technology to its key customers during this ownership transition period.” said Kirit Patel, Partner of Taldan Capital. “We look forward to the successful execution of their future roadmap which includes future extensions of Teledata product offerings into other fast growing carrier Ethernet network applications and markets such as mobile backhaul, aggregation and MSO’s.”

 

Arieh Ben-Yosef, General Manager of Teledata enthusiastically commented, “We have become very familiar with Taldan Capital in the past months and have been highly impressed with their expertise, professionalism, and unwavering support of the company. The principles at Taldan Capital share our same p rinciples, vision and goals, which will allow us to transform the company to the next level. Taldan Capital is absolutely the right owner/ sponsor and we eagerly look forward to working closely with them in the future.”

 

Taldan is highly committed to supporting Teledata on its growth path to becoming a leading global Access Platform Company, and is firmly dedicated to Teledata’s customers and continuing to grow with them as partners in the future.

 

“We look forward to partnering with Teledata and their customers/partners to increase our support and further strengthening the business relationships,” said Daniel Keren, Co-Founder & Managing Partner of Taldan Capital. “We are planning to invest significant resources to substantially grow the Teledata platform by maintaining a differentiated product and service offerings and providing innovative access network solutions for telcos’ NGN & triple play services, as well as take advantage of teaming up with potential partners to offer turn-key solutions and external complementary and consolidating growth opportunities.”

 

About Teledata Networks

Founded in 1981, Teledata Networks is a technology market leader of multiservice broadband access solutions. Teledata’s innovative multiservice access solutions of IP, Ethernet, xDSL, GPON and VoIP technologies, delivers the infrastructure for next generation telecommunication systems. The Company is based in Israel and has telecom customers in over 55 countries.

 

For additional information, visit: www.teledata-networks.com

 

About Taldan Capital

Taldan Capital is a special situation private equity firm based in San Francisco, California & Tel-Aviv, Israel. Taldan Capital is focused on small-to-middle market, proven technology-enabled private and public companies in US, Europe & Israel markets, where the principals of Taldan Capital have deep local roots, relationships and expertise across the TMT (technology, media and telecommunications), industrial (automotive and aerospace & defense), and healthcare sectors. Taldan was established by highly experienced investment and operating professionals across multiple sectors.

 

For more information, please visit: www.taldancapital.com

 

About Enablence Technologies

Enablence Technologies Inc. is a publicly traded company (TSX VENTURE: ENA) that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies including planar lightwave circuit (“PLC”) intellectual property in the production of an array of photonics components and broadband subsystems that deliver a key portion of the infrastructure for next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: access, connecting homes and businesses to the network; metro, communication rings within large cities; and long-haul, linking cities and continents. For more information, visit www.enablence.com.