Alcatel-Lucent has signed an agreement to acquire Canadian metro optical network equipment maker, Tropic Networks, for an undisclosed amount. Alcatel-Lucent has been an investor and reseller of Tropic gear since 2004.
Tropic specialises in metro wavelength division multiplexing gear that features patented optical layer management and monitoring technology designed to ease service provisioning, and maximise network efficiency and operational cost savings.
Alcatel-Lucent said the company's Wavelength Tracker technology would improve the competitiveness of Alcatel-Lucent's own optical portfolio, including its reconfigurable optical add/drop multiplexers (ROADM). Wavelength Tracker is a feature of Tropic's own ROADM, the TRX-24000.
The purchase also provides for uninterrupted supply of integrated equipment to Alcatel-Lucent and Tropic customers, the company said. Tropic is headquartered in Ottawa. The privately held company was founded in 2000 and employs 90 people.
Tropic also has more than 80 patents in optical networking and has raised $US153 million in equity and another $US15 million in operating capital financing since its inception.