Add-on Acquisition • Information Technology

Tellabs Acquires WiChorus

On October 24, 2009, Tellabs acquired information technology company WiChorus for 165M USD

Acquisition Context
  • This is Tellabs’ 1st transaction in the Information Technology sector.
  • This is Tellabs’ 4th largest (disclosed) transaction.
  • This is Tellabs’ 4th transaction in the United States.
  • This is Tellabs’ 2nd transaction in California.

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M&A Deal Summary

Date October 24, 2009
Target WiChorus
Sector Information Technology
Buyer(s) Tellabs
Deal Type Add-on Acquisition
Deal Value 165M USD

Target Company

WiChorus

Santa Clara, California, United States
WiChorus mobile packet core technology.
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Buyer Overview 1

Buyer

Tellabs

Carrollton, Texas, United States

Category Company
Founded 1974
Sector Technology Hardware
Employees2,525
Revenue 1.0B USD (2012)
DESCRIPTION
Tellabs' corporate headquarters in Naperville, Illinois.
Tellabs' corporate headquarters in Naperville, Illinois.

Tellabs is a supplier of networking solutions that help network operators boost revenue, reduce expenses, and optimize networks. Tellabs serves telecom service providers, independent operating companies, cable companies, enterprises, and governments. Tellabs was formed in 1974 and is based in Carrollton, Texas.


Deal Context for Buyer #
Overall 4 of 4
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 3 of 3
State: California 2 of 2
Country: United States 4 of 4
Year: 2009 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-20 Advanced Fibre Communications

Petaluma, California, United States

Advanced Fibre Communications, Inc. designs and manufactures worldwide broadband access solutions for the last mile.

Buy $1.9B