GENBAND to Buy Cedar Point

GENBAND (www.genband.com) has signed a definitive agreement to acquire Cedar Point Communications (www.cedarpointcom.com). The transaction is expected to close this month and is subject to customary approvals and closing conditions. By acquiring Cedar Point, ...

GENBAND (www.genband.com) has signed a definitive agreement to acquire Cedar Point Communications (www.cedarpointcom.com). The transaction is expected to close this month and is subject to customary approvals and closing conditions.

By acquiring Cedar Point, GENBAND hopes to increase its position in cable VoIP and will add Cedar Point's IP switching solutions to its product portfolio. With 7.5 million lines in service globally, Cedar Point will also add major tier 1 customers to GENBAND's broad customer base.
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