M&A Deal Summary

ADVA Optical Networking North America Acquires Overture Networks

On January 13, 2016, ADVA Optical Networking North America acquired technology hardware company Overture Networks

Acquisition Highlights
  • This is ADVA Optical Networking North America’s 3rd transaction in the Technology Hardware sector.
  • This is ADVA Optical Networking North America’s 3rd transaction in the United States.
  • This is ADVA Optical Networking North America’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2016-01-13
Target Overture Networks
Sector Technology Hardware
Buyer(s) ADVA Optical Networking North America
Deal Type Add-on Acquisition

Target

Overture Networks

Morrisville, North Carolina, United States
Overture Networks, Inc. is a developer of high-speed networking equipment.

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Buyer(S) 1

Buyer

ADVA Optical Networking North America

Norcross, Georgia, United States

Category Company
Founded 2000
Sector Technology Hardware
DESCRIPTION

ADVA Optical Networking North America, Inc. is a manufacture of communication equipment.


DEAL STATS #
Overall 3 of 4
Sector: Technology Hardware M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 4
State: North Carolina M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-05 Movaz Networks

Norcross, Georgia, United States

Movaz Networks, Inc. is a wavelength division multiplexing (WDM) equipment provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-02 MRV Communications

Chatsworth, California, United States

MRV Communications, Inc. is a provider of packet and optical solutions that power the world’s largest networks. MRV products combine innovative hardware with intelligent software to make networks smarter, faster and more efficient.

Buy $69M