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Bayly Networks Inc. Acquires Coastcom
Two Telecom Innovators Join Forces
TORONTO, Ontario / ALAMEDA, California, -- May 12, 2008 – Bayly Communications Inc., a recognized leader in the design and
implementation of innovative and reliable network solutions, headquartered in Toronto, Canada, announced today the acquisition of Coastcom, a leading manufacturer and
supplier of network solutions based in Alameda, California, for an undisclosed amount. Both are privately-held companies.
Coastcom will become a Bayly company, with its operations remaining in Alameda and will maintain the Coastcom name.
"Bayly and Coastcom joining forces is a natural fit” said Robert Offley, Bayly’s President and CEO. "The combined entities will result in a win-win scenario for everyone, especially for our customers." Offley continued, "Bayly has been successfully growing its international business and the Coastcom acquisition provides us an opportunity to offer our unique products and solutions to the strategically important US market. This was a logical step for Bayly."
Ted Buttner, Coastcom’s President and CEO, stated, "I have known the Bayly company for a number of years. I've been impressed with their reputation, professional competence, and ability to deliver quality service to their customers. This is a timely move forward to take advantage of new technologies to give our customers the best possible solutions."
Bayly and Coastcom have long been recognized in the industry for their strength in offering highly reliable products and superior customer support. The synergies between the two companies will result in numerous benefits to partners and customers:
- Enhanced ability to provide innovative, flexible solutions designed to customer specifications
- Future growth and support for Coastcom
- Enhanced product portfolio with continual engineering of new products
- Ability to provide comprehensive solutions for delivering voice, data and video services as these technologies converge
The acquisition will expand the customer base of the combined company to cover opportunities in North America and across 5 continents.
About Bayly Communications Inc.
Bayly is the recognized leader in making complex network communications simpler. For decades, Bayly has designed and implemented reliable solutions for network operators for both critical infrastructure and carrier applications. Offering solutions tailored to the precise needs of each network, Bayly clients know they can expect innovative, flexible solutions designed and implemented to their exact requirements. With local representation supporting 67 countries across 5 continents, Bayly clients can count on exceptional support and response to changes in technology and network advances.
About Coastcom, a Bayly Communications Company
Based in Alameda, California, Coastcom is a leading manufacturer and supplier of metro/access network solutions for connecting voice, data, and video services to public
and private networks. Coastcom pioneered the development of the first intelligent T1 access multiplexer (D/I Mux) over 36 years ago. Since then Coastcom has broadened
its family of product offerings to support leading edge technologies which include CWDM, ROADM, Next Generation SONET/SDH (EoS), MSPP, IP-DSLAM, Wi-Fi Mesh, DACs, and
Broadband IADs.
For more information, please contact;
Jodie Ide
Coastcom, a Bayly Communications Company
1141 Harbor Bay Parkway
Alameda, CA 94502
jide@coastcom.com
T. 510-995-3108
F. 510-523-6150
www.coastcom.com
Dominik Szymanski
Argyle Communications
175 Bloor Street East,
South Tower, Suite 1007
Toronto, ON M4W 3R8 Canada
T. 416-968-7311 X234
F. 416-968-6281
www.argylecommunications.com
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