Tuesday, May 1, 2012

[Done!] : Allot to Buy Ortiva Wireless

Allot Communications announced that "it has signed a definitive agreement to acquire Ortiva Wireless, which offers the industry's most innovative solution for proactive management of mobile video .. The terms of the acquisition were not disclosed .. Ortiva will contribute between $3-5 million in revenues for the second half of 2012, with a gross margin profile similar to Allot's current level " (see "Allot Communications to Acquire Ortiva Wireless" - here).

See my previous post, with details on Ortiva, here.

1 comment:

  1. Ortiva or Allot/VO will contribute <$1M ... problems with deployments everywhere ... I wonder how Allot is viewing this deal now? except they paid pennies on the investment dollar for this nearly dead company