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ATX Networks acquires InnoTrans Communications
Video-over-HFC technology specialist ATX Networks has acquired optical transport solutions for cable provider InnoTrans Communications.
San Jose, California-based InnoTrans develops and manufactures innovative optical transport solutions for cable operators. According to ATX, the acquisition will create a diversified HFC access technology provider that will serve operators as they upgrade network capacity.
HIG Capital-owned ATX said that its scale, resources and infrastructure would help transform InnoTRans into a leading global player in the HFC access market.
“InnoTrans represents a highly strategic and complementary investment. We have known the InnoTrans management team for years and their technological expertise and ability to innovate is second to none across the HFC access market. Together, we plan to continue delivering outstanding network solutions and innovative new products in collaboration with our valued customers,” said Ken Wildgoose, ATX’s president and CEO.
Mani Ramachandran, InnoTrans’ Founder and CEO said: “We are excited to join the ATX team. Strategically, InnoTrans will benefit greatly from being part of a larger organization focused on HFC technology and we are looking to fully utilize ATX’s scale and resources to deliver increasingly differentiated solutions and value to current and new customers on a global basis.”