Anritsu Corporation, one of the largest global providers of communication solutions, has signed a definitive agreement with Axcel and the management of NetTest to acquire NetTest. Anritsu acquires 100% of the outstanding shares of NetTest.
Headquartered in Copenhagen, NetTest has 480 employees and R&D locations in the U.S., France and Italy. The company’s wireless network monitoring solutions, which enable service providers to optimize network efficiency and service quality, as well as operational efficiency and profitability, enjoy a 28% global market share.
Anritsu sees synergies in the technologies acquired that will enable faster development of new innovative solutions when coupled with Anritsu’s broad technology base. The combined organization also further enhances Anritsu’s capability to locally service and support customers at a higher technical level.