AUGUST 13, 2007 -- Xtera Communications (search for Xtera Communications) has purchased two UK-based communication service business lines from AlanDick for an undisclosed amount.
Xtera purchased the UK fixed line enterprise service and first line maintenance organizations from AlanDick UK, part of the AlanDick Group of companies. The UK headquartered group provides services and products on a global basis to satisfy the communication network infrastructure needs of cellular, broadcast, radar/surveillance, enterprise markets. Xtera says this acquisition accelerates its expansion into the global communication service market, widens its customer base, and provides an immediate revenue boost.
The acquisition will be managed and operated as an independent company called Traxe Global Services Ltd. As an independently operated company located in Peterborough, UK, Traxe Global Services will continue to support customers in diverse regions around the world. The new company will continue to provide network engineering, installation, and project management services to an impressive list of communication equipment providers, network operators, and broadband enterprise customers, say Xtera representatives.
"It's an excellent growth opportunity for Xtera," notes company CEO Jon Hopper. "Traxe also enhances our ability to provide Tier-1 services to our rapidly growing customer base. We are well positioned for the road ahead," he contends.
"AlanDick has built a successful business providing exceptional support to the global communications infrastructure community," adds Paul Crofts, Traxe Global Services managing director. "Traxe Global Services is committed to providing existing customers with the quality of service they have come to expect, while aggressively seeking new business in the expanding communications market," he says.
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