M&A Deal Summary

Tellabs Acquires Coherent Communications Systems

On February 17, 1998, Tellabs acquired technology hardware company Coherent Communications Systems for 670M USD

Acquisition Highlights
  • This is Tellabs’ 1st transaction in the Technology Hardware sector.
  • This is Tellabs’ 2nd largest (disclosed) transaction.
  • This is Tellabs’ 1st transaction in the United States.
  • This is Tellabs’ 1st transaction in Virginia.

M&A Deal Summary

Date 1998-02-17
Target Coherent Communications Systems
Sector Technology Hardware
Buyer(s) Tellabs
Deal Type Merger
Deal Value 670M USD

Target

Coherent Communications Systems

Leesburg, Virginia, United States
Coherent Communications Systems Corp. is a provider of speech-processing technology.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 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 STATS #
Overall 1 of 4
Sector: Technology Hardware M&A 1 of 3
Type: Merger M&A Deals 1 of 1
State: Virginia M&A 1 of 2
Country: United States M&A 1 of 4
Year: 1998 M&A 1 of 1
Size (of disclosed) 2 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-03 Ocular Networks

Reston, Virginia, United States

Ocular Networks, Inc. provides optical-access equipment for high-density voice and data traffic on and off the fiber network.

Buy $355M