M&A Deal Summary

EXFO Acquires Avantas Networks

On August 23, 2001, EXFO acquired test/measurement equipment company Avantas Networks for 65M USD

Acquisition Highlights
  • This is EXFO’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is EXFO’s 3rd largest (disclosed) transaction.
  • This is EXFO’s 2nd transaction in Canada.
  • This is EXFO’s 1st transaction in Quebec.

M&A Deal Summary
Date 2001-08-23
Target Avantas Networks
Sector Test/Measurement Equipment
Buyer(s) EXFO
Deal Type Add-on Acquisition
Deal Value 65M USD

Target

Avantas Networks

Montreal, Quebec, Canada
Avantas Networks Corp. is a provider of fiber-optic testing and optical network performance management equipment that supports a wide range of protocols and data transmission rates.

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Buyer(S) 1

Buyer

EXFO

Quebec, Quebec, Canada
Category Company
Founded 1985
Sector Technology Hardware
Employees1,814
Revenue 267M USD (2020)
DESCRIPTION

EXFO is a provider of next-generation test, service assurance and end-to-end quality of experience solutions for mobile and fixed network operators and equipment manufacturers in the global telecommunications industry. EXFO’s intelligent solutions with contextually relevant analytics improve end-user quality of experience, enhance network performance and drive operational efficiencies throughout the network and service delivery lifecycle. Key technologies supported include 3G, 4G/LTE, VoLTE, IMS, video, Ethernet/IP, SNMP, OTN, FTTx, xDSL and various optical technologies accounting for more than 38% of the global portable fiber-optic test market. EXFO was founded in 1985 and is based in Quebec, Canada.

DEAL STATS #
Overall 3 of 14
Sector (Test/Measurement Equipment) 2 of 9
Type (Add-on Acquisition) 3 of 13
State (Quebec) 1 of 1
Country (Canada) 2 of 4
Year (2001) 2 of 2
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-06 EFOS

Toronto, Ontario, Canada

EFOS, Inc. is a manufacture of light-based adhesive spot curing technologies as well as curing process control for the global optical component manufacturing market.

Buy $122M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-05 gnubi communications

Dallas, Texas, United States

gnubi communications LP is a provider of multi-channel telecom and datacom testing solutions with an established customer base of Tier 1 optical transport equipment manufacturers and R&D labs.

Buy -
Mergr

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