WatchMark-Comnitel to Purchase Metrica Software Assurance Software Group From ADC Telecommunications
WatchMark-Comnitel, a leading provider of performance and service management solutions today announced the signing of a definitive agreement to purchase the Metrica Service Assurance software group from ADC Telecommunications (NASDAQ: ADCT).
The combined company will have the largest worldwide installed base of wireless service assurance products and will be headquartered in Bellevue, Washington. The transaction is expected to close within the next 60 days.
John Hansen, Chief Executive Officer of WatchMark-Comnitel announced that David Heaps, SVP and General Manager of the Metrica business unit, will become President and Chief Operations Officer of the company.
“A key growth strategy of our company has been to expand WatchMark-Comnitel’s product portfolio and services in order to become a leading supplier of service assurance solutions for the telecommunications market,” said John Hansen, Chief Executive Officer of WatchMark-Comnitel. “Our customers will benefit from stronger product capability, technical support, sales and service provided by the world’s leading wireless service assurance vendor.
“The combination of our two companies will result in significantly enhanced value to our customers as we go forward,” said David Heaps, SVP and General Manager, ADC Metrica. “Our combined global infrastructure, financial strength and technical expertise will enable us to further leverage our existing world-class products to address the advancing technical requirements in telecommunications service assurance.”