Data center and carrier security testing provider Arbor Networks is slated to be acquired by Tektronix Communications, according to the latter firm, which said it has signed a definitive agreement and expects to complete the deal in three to six weeks.
Tektronix, a unit of Danaher, provides communications testing and network intelligence solutions. Arbor fits neatly into Tektronix's portfolio of companies and is Tektronix-Danaher's first acquisition of a tech firm on the East Coast.
"Arbor Networks expands our portfolio of leading companies in the communications and enterprise markets," said Danaher group executive Rich McBee, in a statement. "The addition of their superior solutions allows us to offer our fixed-line, mobile, converged/IP, and enterprise customer solutions to deploy, measure, monitor, and secure their networks."
McBee noted that network security threats are increasing along with the size and complexity of overall security vulnerabilities, giving Arbor more opportunities to grow. He added, "The addition of (Arbor's) superior solutions allows us to offer our fixed-line, mobile, converged/IP, and enterprise customers solutions to deploy, measure, monitor, and secure their networks."
The acquisition terms weren't disclosed. Arbor, a 275-employee firm located in Chelmsford, Mass., expects to remain there. It had received venture capital investments over several years from Cisco Systems, Battery Ventures, and Comcast Interactive Capital.
Arbor's CEO, Colin Doherty, said he believes Arbor can grow at a fast pace under the umbrella of Tektronix-Danaher. "Tektronix Communications has significant presence in the global carrier market, a worldwide support infrastructure and a strong financial position," he said."This should help Arbor accelerate the delivery of infrastructure security solutions."