Comm. Systems Buys U.K. Telecom Product Maker
Communications Systems, Inc., said Monday that it has acquired Patapsco Designs Limited-a U.K.-based company that makes and designs telecommunications and data products for enterprise, system integrators, carriers, and governmental organizations.
Financial terms of the deal were not disclosed.
Minnetonka-based Communications Systems, a global provider of network solutions, said that the company will operate within its Transition Networks subsidiary. That subsidiary offers a full suite of hardware-based networking connectivity solutions that it distributes through resellers in more than 50 countries.
Patapsco's technology will allow Communications Systems to offer new architectures for broadband delivery of both new and legacy services, according to the company.
“Patapsco's product line is a strategic addition for Transition Networks in expanding its product offering to the service provider market,” Communications Systems President and CEO William G. Schultz said in a statement. “Patapsco has a strong line of existing products that we can immediately leverage in Transition Networks' customer and distribution network around the world. Furthermore, the combined engineering efforts of Patapsco and Transition Networks will allow us to bring new products to market that utilize core technologies from both companies.”
Communications Systems provides physical connectivity infrastructure and services for global deployments of broadband networks. It provides customers with the ability to deliver, manage, and optimize their broadband network services and architecture.
Communications Systems is among Minnesota's 75-largest public companies based on revenue, which totaled about $120.1 million in 2010.