ACCESS to Acquire IP Infusion Inc.
ACCESS CO., a global provider of mobile content delivery and internet access technologies, today announced its intent to acquire IP Infusion Inc., a leading provider of intelligent network software for enhanced IP services, with a total consideration of approximately USD 50 million (approximately JPY 5.8 billion). IP Infusion will become a wholly owned subsidiary of ACCESS after the completion of the transaction, which is scheduled in early March and subject to the approval from IP Infusion’s shareholders.
IP Infusion, established in 1999, provides a comprehensive set of Layer 2, Layer 3 switching and routing solutions, ZebOS(R), for networking equipment vendors (Foundry Networks, Ericsson, Fujitsu, Accton, etc.). As demonstrated in their pioneering development of solutions to support IPv6 and MPLS that will become core technologies of next generation networking, their product lines cover the majority of routing protocol used today. By leveraging their core IP technologies, IP Infusion has entered home media server business and developed core network software for a storage equipped server with Internet access for home use.