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MOBILE & TELECOMMUNICATIONS | Telecom Services / Data & Broadband
ultracomwireless.com

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Stage

Acquired | Acquired

Total Raised

$17M

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.

Ultracom Communications Headquarter Location

1045 West Fulton Street

Waupaca, Wisconsin, 54981,

United States

715-256-1014

Latest Ultracom Communications News

Terayon Acquires Ultracom for Broadband Systems-on-Silicon; Expands Terayon's Broadband Silicon Portfolio to Wireless and DSL

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

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