Aeroflex said it acquired Shenick Network Systems in a bid to boost its market position in wireless infrastructure test equipment.
Shenick provides virtual testing for software-defined networking. Its TeraVM software helps service providers as well as network equipment manufacturers load, analyze, develop and validate the performance and capabilities a variety of network and security devices, including VPN/firewalls, virtual switches, deep packet inspection (DPI) systems or intrusion detection systems (IDS) and intrusion prevention systems (IPS), virtual load balancers and video infrastructure.
"For the last two years, we have partnered with Shenick to enhance the capabilities of our wireless infrastructure test products. Shenick's unique TeraVM software product offers network providers the ability to emulate and measure millions of unique IP application flows to support network and application development and performance testing in next-generation converged and cloud based networks," said Len Borow, Aeroflex CEO.
He said the acquisition of Shenick, which is based in Dublin, Ireland, should not only help Aeroflex sustain and grow its market share in wireless infrastructure test equipment but should also increase the company's gross margins and profitability while expanding its end markets.
Terms of the acquisition transaction were not released. Aeroflex, which is headquartered in Plainview, N.Y., expects the acquisition to be neutral to its fiscal 2014 financial results and accretive to its fiscal 2015 financial results.
- see this Aeroflex release
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