News
C-COR.net Corp. maintained its acquisition binge Tuesday, inking a $17 million deal to purchase bandwidth management specialist Stargus Inc.
C-COR said it will add Stargus' line of CableEdge products — which includes elements designed to handle network optimization, subscriber usage reporting and capacity planning - to its Broadband Management Solutions (BMS) division. C-COR said it plans to fuse those products with its Integrated Services Management (ISM) OSS system.
C-COR estimated that the acquisition would add roughly $8 million in net sales during fiscal year 2005.
Founded in June 2000, closely held Stargus is based in Andover, Mass. Stargus systems are presently managing more than 5 million DOCSIS devices worldwide, the companies claimed.
Stargus adds to a recent string of C-COR acquisitions. In May, C-COR put up $15 million to purchase OSS firm Alopa Networks. Before that, the company beefed up its broadband transport portfolio by snapping up Lantern Communications.
"This and our other recent acquisitions contribute important components to our multi-dimensional strategy of offering transport products overlaid by management software and technical services for the all-digital, on-demand, IP networks of the future," said C-COR Chairman and CEO David Woodle, in a release.


