Sonus Networks

Sonus Set to Acquire Performance Technologies

Sonus Networks is preparing to grow and expand with a new acquisition in its future. The company has announced a definitive agreement to acquire Performance Technologies, Inc., at a cost of approximately $30 million.

Both companies' boards of directors approved the agreement unanimously. Sonus will acquire all outstanding shares of PT for a cash value of $3.75 per share, around 25 percent greater than PT's closing share on December 12. Altogether, that comes to about $30 million, excluding acquisition-related costs.

Sonus Evolving the SBC

The Session Border Controller (SBC) can be a puzzling device. There's just no equivalent to it in traditional telephony. It is the unique characteristics of VoIP and the Internet that make implementing SBCs a modern best practice. SBCs protect and simplify voice communications, and now with its latest release Sonus takes the SBC further with multimedia services.