Ribbon completes Edgewater Networks acquisition
Ribbon Communications has closed the acquisition of Edgewater Networks, a specialist in Network Edge Orchestration for the distributed enterprise and Unified Communications (UC) market.
“The acquisition of Edgewater Networks aligns with our strategic initiatives,” said Fritz Hobbs, President and Chief Executive Officer of Ribbon Communications.
“In addition to becoming a leader in enterprise Session Border Controllers, it allows us to immediately extend Edgewater solutions internationally, expand our cloud offerings and enter the SD-WAN market.”
The acquisition is said to be immediately accretive to Ribbon for the remainder of fiscal 2018.
Source: comms-dealer
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