M&A Deal Summary

Hermon Laboratories Acquires Ribbon Communications - QualiTech Testing and Standardization Business

On February 16, 2021, Hermon Laboratories acquired technology hardware company Ribbon Communications - QualiTech Testing and Standardization Business from Ribbon

Acquisition Highlights
  • This is Hermon Laboratories’ 1st transaction in the Technology Hardware sector.
  • This is Hermon Laboratories’ 1st transaction in the United States.
  • This is Hermon Laboratories’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2021-02-16
Target Ribbon Communications - QualiTech Testing and Standardization Business
Sector Technology Hardware
Buyer(s) Hermon Laboratories
Sellers(s) Ribbon
Deal Type Divestiture

Target

Ribbon Communications - QualiTech Testing and Standardization Business

Westford, Massachusetts, United States
Ribbon Communications' QualiTech Testing and Standardization Business provides quality testing and standardization laboratory services supporting both the company’s product development activities and external customers. Ribbon Communications' QualiTech Testing and Standardization Business is based in Westford, Massachusetts.

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Buyer(S) 1

Buyer

Hermon Laboratories

Binyamina, Israel
Category Company
Founded 1986
Sector Technology Hardware
DESCRIPTION

Hermon Laboratories provides a one-stop-shop for EMC, Product Safety, Radio, Telecom, and Environmental testing for a broad range of commercial, industrial, household, military, and medical products. Our comprehensive portfolio of accreditations by local and global regulatory bodies allows us to offer our clients turnkey certification solutions world-wide. Hermon Laboratories was founded in 1986 and is based in Binyamina, Israel.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Ribbon

Plano, Texas, United States
Category Company
Founded 1997
Sector Technology Hardware
Employees3,107
Revenue 826M USD (2023)
DESCRIPTION

Ribbon is a provider of SIP and 4G/VoLTE communication equipment solutions to its customers by enabling and securing mission critical traffic for VoIP, video, IM, and online collaboration. Ribbon was founded in 1997 and is based in Plano, Texas.

DEAL STATS #
Overall 3 of 3
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 3 of 3
State (Massachusetts) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-05 Kandy Communications

Pleasanton, California, United States

Kandy Communications is a cloud-based, real-time communications platform offering proprietary UCaaS, CPaaS, and CCaaS capabilities. Kandy enables service providers, enterprises, software vendors, systems integrators, partners, and developers to enrich their applications and services with real-time contextual communications, providing a more engaging user experience. With Kandy, companies of all sizes and types can quickly embed real-time communications capabilities into their existing applications and business processes. Kandy was formed in 2014 and is based in Pleasanton, California.

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Mergr

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