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Mobile

Short Take: Fore buys telco software firm

Networking equipment provider Fore Systems announced the acquisition of telecommunications software provider Euristix for about $81 million. Euristix makes a set of management and signaling software that allows a carrier to management network-attached elements and service provisioning. Fore executives said the firm will fit into the company?s strategy for the service provider market and will be integrated with Fore?s existing management software.

    Networking equipment provider Fore Systems announced the acquisition of telecommunications software provider Euristix for about $81 million. Euristix makes a set of management and signaling software that allows a carrier to management network-attached elements and service provisioning. Fore executives said the firm will fit into the company?s strategy for the service provider market and will be integrated with Fore?s existing management software.