CALABASAS, Calif.-Tekelec Inc said it has agreed to acquire Steleus Group Inc. to advance its network and service performance management capability for global reach.
Tekelec will purchase 100 percent of Steleus’ outstanding stock of about $56 million, said Tekelec.
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“With robust real-time monitoring and management capabilities for legacy and next-generation networks, Steleus strengthens and reinforces Tekelec’s commitment to offering a wide range of applications to further enhance and differentiate the company’s next-generation switching and signaling product offerings,” said Fred Lax, Tekelec president and chief executive officer.