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Genband spins out Tekelec's Taqua
You may recall that Genband has been on an acquisition tear for the last year or so, scooping up a series of media gateway companies. The latest purchase, a couple of months ago, was of a chunk of Tekelec, which led me to ask Genband marketing execs how they intended to profitably sell and support such a wide range of products. The apparent answer: they don't. Genband announced this week that it was spinning off Tekelec's T7000 carrier-class switching product--itself acquired by Tekelec from Taqua--into a new Taqua, owned and run by its management team.
For more about the Taqua spin-off:
- read this press release from Genband



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