Mako Networks Acquires Traverse Technologies in Strategic Expansion

Acquisitions

Summary

The addition of Traverses capability and intellectual property will accelerate Makos enhancement and expansion of its hardware innovation pipeline, shorten time-to-market for new products, and deliver even more powerful top-tier network solutions to customers. Integrating the companies will be straightforward given the longstanding and highly synergistic relationship weve enjoyed together," said Jason Kubasak, CEO of Mako Networks. Guy Ellis, Managing Director of Traverse says, "Mako was, and is, our largest and best customer and were excited to join up with them to focus on our core strengths of innovation and board-level design. Traverse develops cutting-edge network equipment solutions and custom hardware optimized for performance, reliability, and scalability. The All-in-One Mako System provides effortless, nonstop secure networking using proprietary cloud-managed plug-and-play devices that offer speed to deployment and instant scale with no onsite IT required.

Classifications

industries
Retail
applications
Web and Content Management

AskAI Classifications

Labels
Network Security Software SaaS Enterprise Software

Linked Companies

Mako Networks
$10M to $25M