<http://www.dealcurry.com/2010068-Tejas-Networks-To-Acquire-Israel-Based-Ethos-Networks.htm>
*Tejas Networks* is planning to acquire *Ethos Networks* under a share swap deal where Ethos investors will be given shares in the unlisted Tejas. The acquisition will help Tejas to enhance its product portfolioin the packet optical space with end-to-end multi-service solution for synchronous optical network (SONET) and synchronous digital hierarchy (SDH), Carrier Ethernet and hybrid transmission architectures and a seamless Network Management Software (NMS) suite. Israel-based Ethos specializes in carrier ethernet and network management products. Co-Founded in 2000 by *Gururaj Deshpande*, Bangalore based Tejas Networks Ltd designs, produces, sells and maintains active telecom equipment used in the networks of cellular operators. Tejas Networks had reported a turnover of Rs.600 Cr for 2009-10. It has received funding from Goldman Sachs ($24 mn/Rs. 95 Cr), Intel Capital, MayField Fund and Sandstone Capital ($20 mn). Last month, an overseas transactiion in the telecom space, *Spice Global *had planned to acquire Dubai-based *Cellulom* and other distressed regional mobile retailers to expand its business in the Gulf market -- Regards Hardik Shah -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
