DALLAS – Last month, test and measurement company Anite announced it was acquiring U.S.-based data post-processing and analytics company Xceed for $30 million.
At the LTE North America conference in Dallas this week, Markku Toiviainen, VP and GM for Anite’s network testing business, talked with RCR Wireless News about how the Xceed acquisition both expands Anite’s presence in the U.S. and opens the way for the company to bring Xceed’s capabilities to operators abroad.
Xceed acquisition part of growing trend
Anite’s acquisition of Xceed is one of a number of acquisitions this year in which traditional test and measurement companies are boosting their analytics capabilities in order to bring more actionable intelligence to network testing data.
“We have a very strong portfolio for data collection tools,” said Toiviainen. “Basically, the customers are saying that they get a lot of data from different sources – now they want to get a little bit more intelligence out of that data. With Xceed’s portfolio, we are able to do exactly that.”
Watch the video interview with Toiviainen on the Xceed acquisition below:
Watch more video coverage from the LTE North America 2014 event on RCR’s YouTube channel.
