Verso Technologies, a provider of networking solutions, has bought a product line from Paradyne Networks.
Verso purchased the iMarc product line, which it already offered to customers as a reseller. The iMarc products include asynchronous transfer mode, Internet Protocol units, and monitors for management between carrier networks and customers’ enterprise networks. Among its services is end-to-end network monitoring to manage compliance with service level agreements.
Verso will pay $2.5 million to Zhone, the parent company of Paradyne, and later will purchase remaining iMarc inventory.