M&A Deal Summary

Catapult Communications Acquires Network Diagnostics Business / Tekelec

On July 16, 2002, Catapult Communications acquired information technology company Network Diagnostics Business / Tekelec from Tekelec Global for 60M USD

Acquisition Highlights
  • This is Catapult Communications’ 1st transaction in the Information Technology sector.
  • This is Catapult Communications’ largest (disclosed) transaction.
  • This is Catapult Communications’ 1st transaction in the United States.

M&A Deal Summary
Date 2002-07-16
Target Network Diagnostics Business / Tekelec
Sector Information Technology
Buyer(s) Catapult Communications
Sellers(s) Tekelec Global
Deal Type Divestiture
Deal Value 60M USD

Target

Network Diagnostics Business / Tekelec

United States

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Buyer(S) 1

Buyer

Catapult Communications

Mountain View, California, United States
Category Company
Sector Information Technology
Revenue 38M USD (2008)
DESCRIPTION

Catapult is a supplier of advanced digital telecom test systems to global equipment manufacturers and service providers, including Alcatel-Lucent, Motorola, NEC, NTT DoCoMo, Nortel and Nokia Siemens Networks. The Catapult DCT2000 and MGTS systems deliver superior high-end test solutions for hundreds of protocols and variants—spanning LTE, IMS, WiMAX, UMTS, CDMA, VoIP, GPRS, GSM, and SS7.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Tekelec Global

Morrisville, North Carolina, United States
Category Company
Founded 1971
Sector Software
Employees1,291
DESCRIPTION

Tekelec Global, Inc. is a provider of signaling and session control systems and software to both wireless and wireline carriers as well as cable network operators.

DEAL STATS #
Overall 1 of 4
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 4
Country (United States) 1 of 3
Year (2002) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-25 Taqua

Richardson, Texas, United States

Taqua LLC is a provider of software-based networking solutions have been deployed by hundreds of wireline, cable and wireless carriers to enable new services, drive new revenues and lower overall costs. Taqua is enabling the transformation to software-based service provider networks capable of delivering next generation voice, video and messaging services including VoIP, VoWi-Fi and VoLTE.

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