Japanese communication solutions provider Anritsu acquires NetTest  

Copenhagen based NetTest, which specialises in wireless network monitoring solutions, has been acquired by Japan's Anritsu for an undisclosed sum

Japanese communication solutions provider Anritsu has acquired Denmark's NetTest from investment company Axcel for an undisclosed sum. NetTest specialises in wireless network monitoring solutions. A source for national daily newspaper Berlingske Tidende, which reports the news, has said the acquisition price is thought to be around DKK 600 mn (USD 102 mn).

Anritsu's president, Hiromichi Toda, comments on the news: "The acquisition of NetTest will accelerate our vision of being a global market leader in test and measurement". Christian Frigast, the director of Axcel was also satisfied following the five months negotiations on the sale: "Industrially it is a very good deal since NetTest could become an European hub for Anritsu. The two companies complement each other geographically, productionwise and technologically", he said.

NetTest is headquartered in Copenhagen and employs 480 people. The Danish firm generates revenues of approx. USD 94 million from sales in more than 70 countries. NetTest's wireless network monitoring solutions are estimated to have a 28% global market share. The news is reported by national daily newspaper Berlingske Tidende and on the NetTest website.

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