ADTRAN acquires smart home software outfit
ADTRAN (NASDAQ:ADTN) has acquired SmartRG, a provider of open-source smart home software platforms and cloud services for ...
ADTRAN (NASDAQ:ADTN) has acquired SmartRG, a provider of open-source smart home software platforms and cloud services for broadband service providers.
Based in Vancouver, WA, SmartRG is focused on open-source software development, as well as a portfolio of cloud-management, analytics, Wi-Fi-enabled residential gateways and its SmartOS software platform. The company's executive team and employees will remain in place.
"We are very excited to welcome everyone at SmartRG - a growing and profitable enterprise - and look forward to their contributions to our team," said ADTRAN Senior Vice President of Technology and Strategy Jay Wilson. "SmartRG's expansive customer base exemplifies its market leadership and we are committed to a smooth transition, as we move toward full collaboration and integration with our award-winning Mosaic platforms."
Together, ADTRAN Mosaic and Smart OS are intended to provide end-to-end management and orchestration solutions from cloud edge to subscriber edge. The acquisition is intended to emphasize ADTRAN's commitment to helping broadband providers reduce operating expenses and connect everyone, everywhere and everything.
"As fiber-based, virtually future-proof residential networks become a reality and bandwidth is no longer the gating factor, value creation will come from the ability to optimize the subscriber experience," said SmartRG President and CEO Jeff McInnis. "Our ability to deliver against this need will enable ADTRAN and SmartRG customers to lower costs, simplify and scale networks, and grow revenue by creating higher-value and lasting relationships with their customers."
SmartRG has more than 3 million devices in service and more than 1.3 million devices under management in North America, the Caribbean and South America. The company expects to scale and drive growth through its differentiated software solutions as more customers shift from closed, proprietary options to SmartOS - its open-source-based, cloud-enabled solution suite.
As the market has shifted toward software defined networking (SDN), both ADTRAN and SmartRG have delivered solutions based on open, programmable and scalable designs that interoperate and manage other devices. The combination of ADTRAN and SmartRG is intended to enable broadband providers to improve the subscriber experience from the access network into any home or business. Both companies are also philosophically aligned around the need to design for and support third party devices to give operators greater flexibility.