Lucent Buys Quadritek Systems
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Malvern, Pa.-based Quadritek markets a variety of network administration products to businesses and Internet service providers. Quadritek's products automate the process of assigning and authenticating Internet Protocol (IP) addresses.
Lucent will also take an unspecified one-time charge to cover research and development efforts related to the acquisition.
Bill O'Shea, president of Lucent's data networking systems group said the acquisition will enhance the company's offerings and simplify the work of network administrators.
Quadritek technology is based on industry-standard IP protocols such as dynamic host configuration protocol (DHCP) and domain name service (DNS). The company's leading product, QIP, delivers network-wide control of the IP address and name assignments while enabling distributed, local administration of tasks, ensuring stable, flexible and manageable networking. QIP, which works on Microsoft NT or UNIX platforms.
"Quadritek has the technology, technical expertise and a proven track record for delivering innovative, best of breed products and technology to the marketplace," said Arun Kapur, chairman and chief technology officer of Quadritek.
Kapur, along with Joe D'Andrea, Quadritek president, will join Lucent and continue to lead the IP address management team from Malvern, Pa.
Tuesday's acquisition is Lucent's latest effort in its drive to bolster its networking management offerings. Lucent recently acquired Livingston Enterprises Inc., which provides remote access equipment for Internet access companies, and has added smaller networking companies over the past year.