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Net Brahma to be acquired by US company

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CIOL Bureau
New Update

BANGALORE: Net Brahma Technologies, a Microland Limited holding company, is

to be acquired by Metro-Optix, a US based telecommunications optical networking

equipment provider. In this regard a MoU to divest the complete stake in

NetBhrama has been signed by Microland and Metro-Optix. However the acquisition

is subject to necessary share-holder and regulatory approvals. An official

statement from Mircoland said, "Metro-Optix has decided to leverage the

technical expertise and intellectual property developed by Net Brahma to

kick-start its India Engineering Center."

Microland Group’s CMD, Pradeep Kar said, "In a short span of 18

months, Net Brahma has evolved from a networking software services provider to

being a leading IP led products company. To realize our dream of being a

significant player in this market, it became imperative that we had to align

with a leading company that was significantly well capitalized with a distinct

vision for the future."






Metro-Optix chairman, Arun Bellary said, "Net Brahma’s technical
expertise and protocol stacks developed in the areas of MPLS, Routing, as well

as convergence are very impressive and fit in well with our vision. Going

forward, the Net Brahma team will enable us to rapidly accelerate the

development of several critical product features in order to gain a larger

market share in India quickly."






Net Brahma, a Microland Group company launched in July 2000, focuses on
providing software blocks for next generation equipment makers. The company has

provided custom engineering software services in the areas of routing,

tunneling, SNMP, traffic engineering to several leading US equipment makers. Net

Brahma has also built protocol stacks in the areas of MPLS, BGP4, DiffServ, MGCP,

MEGAGO and SIP.



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