French telecoms equipment maker Alcatel said it is looking to acquire more companies in the areas of IP services billing, security, and firewalls.
Firms providing advanced end to end IP services would be immediate targets, according to Krish Prabhu, president and chief executive of Alcatel US, speaking at Supercomm in Atlanta this week. He said the company is still missing products in areas including routing, core ATM switching and digital wireless.
In the past 12 months, Alcatel has spent $2.6 billion purchasing three firms: data networking vendor, Xylan; remote access equipment specialist, Assured Access; and Packet Engines, which develops Gigabit Ethernet tools.
The acquisitions have gone some way to boost Alcatel's portfolio, as its competitors gain footholds in the IP world through their own purchases.
Said Prabhu: "We have holes in communications software that provisions billing, firewalls, and encryption services. These services will be provided by a combination of companies and we will be announcing one or two acquisitions of pre-IPO [initial public offering] companies."
Alcatel will also look for companies in the optical networking space supporting ATM and IP, he added.
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