EPIC members in the News

Genexis acquires PacketFront CPE business

On 2 February 2012, Genexis - European market leader in home gateways for fiber-to-the-home - announced it has acquired the CPE (Customer Premises Equipment) business unit of PacketFront.

LOGO 3SP Today, Genexis - European market leader in home gateways for fiber-to-the-home - announces it has acquired the CPE (Customer Premises Equipment) business unit of PacketFront. With effect of the 1st of February, all activities of the business unit will be fully integrated into Genexis and its new subsidiary - Genexis AB - based in Stockholm, Sweden.

“This acquisition marks an important step in Genexis’ ambition of becoming the leading supplier of home gateways to the fiber-to-the-home market worldwide,” says Gerlas van den Hoven, CEO of Genexis. “The PacketFront CPE business has played a determining role in the development of fiber- to-the-home networks. With the PacketFront business unit team and product portfolio, Genexis strengthens its leading position in the market. We will continue our strategy to provide FTTH operators and service providers with the most advanced, user-friendly, and cost-effective home gateways available.”

“Combining forces with Genexis creates the benchmark supplier and partner for FTTH network operators,” says Tom Andersen, the Managing Director of the newly formed Genexis AB. “Fiber-to- the-home is increasingly becoming the choice for communication providers worldwide. With our joint FTTH CPE portfolio and combined sale force we are uniquely positioned to support our existing and new customers in the best way.”


About Genexis
Genexis is a dedicated to the development, manufacturing and marketing of home gateways for fiber-to-the-home networks. Genexis’ design philosophy takes the full product lifetime into account: from investment and installation through to operation, Genexis’ products prove to deliver the lowest cost of ownership. At the same time, we focus on developing new concepts and products aimed to take full advantage of the benefits of optical fiber. Our customers are network operators throughout the world. Genexis is headquartered in Eindhoven, the Netherlands - the centre of one of Europe’s key high-tech regions.

More Information: http://www.genexis.eu/

Press Contacts
Genexis
For more information please contact:
Ron van Os - Genexis B.V.
Tel.: +31-40-7470230

r.vanos@genexis.nl


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