Fluke Networks acquires Fotec
Everett, Wash.; Medford, Mass. —Fluke Networks Inc. and Fotec Inc. announced March 26 that Fotec has been purchased by Fluke Networks. Fotec provides fiber-optic test equipment and structured cabling education, and had 2000 revenues of less than $5 million. Financial terms of the agreement were not disclosed.
Everett, Wash.; Medford, Mass. —Fluke Networks Inc. and Fotec Inc. announced March 26 that Fotec has been purchased by Fluke Networks. Fotec provides fiber-optic test equipment and structured cabling education, and had 2000 revenues of less than $5 million. Financial terms of the agreement were not disclosed. Fluke Networks will acquire all of Fotec’s products and technologies, as well as hire all of Fotec’s personnel. Fluke Networks’ acquisition continues its expansion into fiber-optic solutions used for testing and certification of fiber-optic networks. It will also integrate Fotec’s web-based “Fiber U” and “Wire U” training programs and conferences with Fluke Networks’ own training programs.
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