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Fluke Networks Signs Definitive Agreement to Acquire AirMagnet


    Combination will create comprehensive portfolio of test and analysis
                 solutions for wired and wireless networks

    EVERETT, Wash., Aug. 13 /PRNewswire/ -- Fluke Networks, the leader in
network installation, certification, testing, monitoring and analysis,
today signed a definitive agreement to acquire AirMagnet, a leader in
performance, security and compliance solutions for wireless LANs. The
acquisition of AirMagnet is expected to create a global leader in the fast
growing area of Wi-Fi testing and further strengthen Fluke Networks'
worldwide leadership in test and analysis for networks, regardless of media
type. Terms of the agreement will not be disclosed. The agreement is
subject to customary closing conditions and the deal is expected to close
in the coming weeks.

    AirMagnet, based in Sunnyvale, Calif., provides industry-leading
products that allow enterprise IT organizations to ensure the availability,
performance, security and compliance of wireless LAN infrastructure so that
business applications can function without interruption. The company's
innovative products include AirMagnet Enterprise, the leading 24x7 WLAN
security and performance management solution; AirMagnet Wi-Fi Analyzer, a
widely adopted Wi-Fi troubleshooting tool; as well as AirMagnet Survey,
AirMagnet Spectrum Analyzer, AirMagnet Planner and AirMedic(TM).

    "Together, we expect that the solutions from Fluke Networks and
AirMagnet will provide the end-to-end network visibility network engineers
need and the actionable information required to deploy, secure, manage,
analyze and troubleshoot their networks, independent of media type," said
David Coffin, president of Fluke Networks. "AirMagnet's products are a fit
with Fluke Networks' philosophy of delivering Network SuperVision(TM) -
giving users superior visibility and insight into networking technology
they can't get anywhere else."

    Wireless LANs are growing rapidly as a favored network access method
for mobility and are increasingly enabling mission-critical applications.
For network support teams, these technologies raise new challenges to
delivering superior operating service. Together, Fluke Networks and
AirMagnet expect to provide customers with the comprehensive visibility
required to ensure their network infrastructures are secure, compliant and
performing optimally.

    "Fluke Networks is a top innovator and recognized leader in Ethernet
LAN analysis and their solutions are known worldwide for delivering deep
insight into LAN performance, security and optimization," said Dean T. Au,
president of AirMagnet. "The power of a combined Fluke Networks and
AirMagnet should help us fulfill more quickly the growth opportunities and
product and technology roadmaps to better serve our customers' evolving
needs."

    About AirMagnet Inc.

    AirMagnet Inc. is a leader in security, performance and compliance
solutions for wireless LANs. The company's innovative products include
AirMagnet Enterprise, the leading 24x7 WLAN security and performance
management solution, and AirMagnet WiFi Analyzer -- which is known as the
"de facto tool for wireless LAN troubleshooting and analysis." Other
products provide WLAN site survey and design, RF interference detection,
remote diagnostics, and the world's first voice over WiFi analysis
solution. AirMagnet has more than 8,200 customers worldwide, including 75
of the Fortune 100. The company, based in Sunnyvale, Calif., has offices
worldwide. For more information, visit http://www.AirMagnet.com.

    About Fluke Networks

    Fluke Networks provides innovative solutions for the installation and
certification, testing, monitoring and analysis of copper, fiber and
wireless networks used by enterprises and telecommunications carriers. The
company's comprehensive line of Network SuperVision(TM) Solutions provide
network installers, owners, and maintainers with superior vision, combining
speed, accuracy and ease of use to optimize network performance.
Headquartered in Everett, Washington, the company distributes its products
in more than 50 countries. More information can be found by visiting Fluke
Networks' Web site at: http://www.flukenetworks.com or by calling (800) 283-5853.

    Statements in this release that are not strictly historical may be
"forward-looking" statements. There are a number of important factors that
could cause actual events to differ materially from those suggested or
indicated by such forward-looking statements, including the factors
described in the SEC filings of Fluke Networks ultimate parent company.
These forward-looking statements speak only as of the date of this release
and the company does not assume any obligation to update any
forward-looking statement.




 

 

PR Newswire - United Business Media

 

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