Morrisville-based Tekelec (www.tekelec.com), a leading developer of telecommunications products for next-generation fixed, mobile and packet networks, has completed its $75.6 million acquisition of the minority interest in Santera, whose media gateway and softswitch have been the cornerstone of next-gen Class 4, Class 5, wireless, and wireline solutions to tier-one operations. Tekelec's Income Statement will reflect 100 percent ownership of Santera beginning in the fourth quarter of 2005.
With this acquisition, Tekelec expands its leadership in the next-generation switching market, helping operators to deliver advanced, revenue-building services and to guide their transition to tomorrow's network technologies.