Trapeze Networks Acquires Newbury Networks
Trapeze Networks, a provider of wireless network equipment and management systems, acquires Newbury Networks, a provider of WLAN location systems. The acquisition will enable Trapeze to deliver a broader set of WLAN products to growing market segments worldwide and to integrate best-of-breed location capabilities into its products. Trapeze has been an OEM partner of Newbury since 2006.
Newbury, backed by Idealab of Pasadena, CA, enables enterprises to locate, manage and secure mobile assets over WLANs. A wide range of vertical markets worldwide are currently deploying Newbury's location platform and applications. For example, healthcare organizations use Newbury's asset tracking and management application, Active Asset to improve clinical efficiencies and patient care through real-time tracking and management of expensive, critical care equipment. Inventory managers in supply chain settings also use these systems to track the location of valuable assets in the warehouse. In addition, Newbury's security applications provide an added layer of authentication capabilities to limit network access privileges and protect mission-critical data and corporate assets from outside intruders.
Newbury Networks will operate as an independent business unit within Trapeze Networks. The entire sixteen employees of the Newbury Networks team will remain at the company and will continue to support its current OEM and channel partners from its headquarters in Boston, Mass. Michael Maggio will report to Jim Vogt. Included in the acquisition is the broad Newbury patent portfolio for location services technology.
Newbury, backed by Idealab of Pasadena, CA, enables enterprises to locate, manage and secure mobile assets over WLANs. A wide range of vertical markets worldwide are currently deploying Newbury's location platform and applications. For example, healthcare organizations use Newbury's asset tracking and management application, Active Asset to improve clinical efficiencies and patient care through real-time tracking and management of expensive, critical care equipment. Inventory managers in supply chain settings also use these systems to track the location of valuable assets in the warehouse. In addition, Newbury's security applications provide an added layer of authentication capabilities to limit network access privileges and protect mission-critical data and corporate assets from outside intruders.
Newbury Networks will operate as an independent business unit within Trapeze Networks. The entire sixteen employees of the Newbury Networks team will remain at the company and will continue to support its current OEM and channel partners from its headquarters in Boston, Mass. Michael Maggio will report to Jim Vogt. Included in the acquisition is the broad Newbury patent portfolio for location services technology.