Siemens scoops up DSL vendor Efficient

Siemens scoops up DSL vendor Efficient


Siemens on Thursday snapped up DSL vendor Efficient Networks in a $US1.5 billion deal that is designed to bolster Siemens' broadband offerings.

Siemens' Information and Communications Network (ICN) Group, in Munich, Germany, was already entrenched in the DSL hardware market as a hefty maker of DSLAM (digital subscriber line access multiplexer) devices for service providers.

But Siemens eyed Dallas-based Efficient as a way to provide more DSL-related CPE (customer premise equipment) for business and residential users, the companies said in a statement.

Under the deal, Efficient founder and chairman Mark Floyd will become president of ICN's Access Solutions division.

Efficient also used the merger announcement to debut a fresh deal with Texas Baby Bell SBC Communications. SBC has tapped Efficient to provide Ethernet attached DSL modems for the next year.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.


Brand Post

Show Comments