Exfo, a manufacturer of network test, monitoring and analysis solutions, announced that it has signed an agreement to acquire the French company Yenista Optics, subject to certain conditions being fulfilled before the transaction is completed.
The Canadian Exfo announced in early September the acquisition of 33.1% of the capital of Astellia, another French company and announced plans to soon launch a voluntary takeover bid of the company
Exfo declares this week its decision to acquire an another French company: Yenista Optics, a private company based in Lannion, manufacturer of optical test equipment for the R & D and production sectors.
Yenista Optics’ product offering includes optical spectrum analyzers, tunable lasers, tunable filters and passive optical component testing systems for network equipment manufacturers and optical component suppliers. The company realized profits in 2016 for a turnover of 5.2 million euros.
Exfo considers Yenista Optics’ solutions to be complementary to its catalog of optical testers, which mainly includes portable test equipment for network service providers.
Founded in 2003, Yenista Optics has over 20 patents protecting its technologies for measurement technology, optical filters and external cavity lasers.
