Canadian deal to boost Tellabs in mobile Internet

By Wailin Wong
Posted Nov. 22, 2010 at 9:53 a.m.

Tellabs Inc. is acquiring a Canadian telecommunications equipment company to boost its research and development in mobile Internet technology.

Terms of the deal between Naperville-based Tellabs and Zeguma Systems Inc. of Richmond, British Columbia were not disclosed.

The companies said Zeguma employees will join a new Tellabs research and development office in Vancouver, focusing on building technology for wireless networks that enable “better user experiences on the mobile Internet.”

Tellabs is buying “substantially all” of Zeguma’s assets, including its technology and intellectual property.

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