Bay Networks Acquires Start-up Netsation
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Bay Networks, Inc. announced today it acquired Netsation Corp. for $11.6 million in cash.
Netsation Corp., a Research Triangle Park, NC-based startup, is a developer of network management solutions.
Bay Networks states the acquisition will enable it to enhance its network management products, by integrating Netsation's Network Configurator tool with Bay Networks' own network management product, Optivity.
Network Configurator is designed to better manage router and switcher configuration by offering a solution that automates the configuration of multi-device networks.
"The combination of Network Configurator and Bay Networks' Optivity management system sets the stage for significant value-added configuration management solutions for both service provider and enterprise customers."
Netsation's CEO Sean Harrison will now report to Clive Foreman, vice president and general manager of Bay Networks' Network Management Division, and its employees will continue to work out of the Research Triangle Park facility.