Hermon Laboratories Enters into Agreement to Buy Ribbon's Qu

Hermon Laboratories Enters into Agreement to Buy Ribbon's QualiTech Testing and Standardization Business


Hermon Laboratories Enters into Agreement to Buy Ribbon's QualiTech Testing and Standardization Business
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Agreement allows Hermon Laboratories to continue to provide testing and standardization services to Ribbon, while enabling Ribbon to focus on core strategic business
WESTFORD, Mass., Feb. 16, 2021 /PRNewswire/ -- 
Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP optical transport solutions to service providers, enterprises, and critical infrastructure sectors, today announced that the company has entered into an Asset Purchase Agreement under which Hermon Laboratories, a leading provider of testing, measurement and certification services, will acquire the testing and standardization business conducted by Ribbon's QualiTech division. QualiTech operates as an independent division of former ECI Telecom (now part of Ribbon), providing high-quality testing and standardization laboratory services supporting both the company's product development activities and external customers. Under the agreement, Hermon Laboratories will continue to provide testing and standardization services to Ribbon anchored by the strong team of QualiTech employees, who are expected to transfer to Hermon Laboratories.

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