About Ultracom Communications
Ultracom Communications develops a two-way cable modems for data, voice and video communications, targeting the home, school and small-office markets. The company's products were extremely bandwidth-efficient and offered a significantly improved cost/performance ratio compared with rival products.
Latest Ultracom Communications News
Oct 7, 2015
Seeking a better position in the LMDS and MMDS wireless supplier markets, Terayon Communication Systems, Inc. (Santa Clara, CA) will acquire Ultracom Communications Holdings, a privately held supplier of broadband systems-on-silicon. According to company officials, Ultracom's efficient silicon subsystems, multitone technology, and broadband access protocols complement Terayon's growing broadband portfolio. Terayon CEO Zaki Rakib stated, "The acquisition of Ultracom further expands Terayon's broadband systems-on-silicon expertise and intellectual property. This reinforces our strategy of delivering innovative broadband approaches for voice, data and video, over any medium -- cable, DSL and wireless. " Under terms of the agreement, shares of Terayon common stock valued at approximately $32 million will be exchanged for all outstanding securities of Ultracom. The acquisition will be accounted for as a purchase and is expected to close in the second quarter. This acquisition has been approved by Terayon's board of directors and is subject to various closing conditions. Edited by Winn Hardin, Managing Editor
Ultracom Communications Frequently Asked Questions (FAQ)
Where is Ultracom Communications's headquarters?
Ultracom Communications's headquarters is located at 1045 West Fulton Street, Waupaca.
What is Ultracom Communications's latest funding round?
Ultracom Communications's latest funding round is Acquired.
How much did Ultracom Communications raise?
Ultracom Communications raised a total of $17M.
Who are the investors of Ultracom Communications?
Investors of Ultracom Communications include Terayon Communication Systems, Jerusalem Venture Partners and Gemini Israel Ventures.