CALABASAS, Calif.-Tekelec, developer of telecommunications signaling and switching solutions, packet-telephony infrastructure, network monitoring technology, and value-added applications, will purchase Taqua Inc., a privately held provider of next-generation Class 5 packet switching systems.
In making Taqua part of its switching business, Tekelec will purchase all of Taqua’s outstanding stock for $85 million cash, and will assume Taqua’s outstanding options. The purchase is expected to close within 60 days.
