Test and measurement vendor VeEX announced this morning that it had completed a deal to buy Optixsoft and Agizer, which are respectively based in Belarus and Lithuania.
Financial terms of the acquisition weren’t released.
Optixsoft is a software company that focuses on system and mobile software for OTDR analysis and cloud-based solutions for the management of fiber optic testing activities.
Agizer is a developer and manufacturer of fiber optic test and measurement solutions, with more than 15 years of expertise in OTDR, optical power meters, light sources, and physical layer optical products.
“We are very pleased with this strategic acquisition as it will continue to strengthen our position in the optical physical layer testing market. This is one of the areas we have been investing and adding resources, as we see tremendous growth and opportunities” said VeEX President and CEO Cyrille Morelle.
“We are happy to join the VeEX family, a very open and active company. This acquisition will allow us to participate in the future growth of VeEX” said Mike Ziuzin, general manager of Optixsoft and Agizer.