Calix And Occam
More proof that stern-faced rivals can become the best of friends, Calix Networks closed its $171 million acquisition of Occam Networks in February, merging two formidable access-market competitors into one. According to Calix, it now boasts 900+ customers globally -- including 72 percent of U.S. local exchange carriers -- and 600 fiber access and 400 commercial video customers.
Wall Street's been watching this one given Calix's new versatility; Morgan Stanley, in an early April analysis of the deal, sees broadband stimulus opportunities among a number of "tailwinds" for the combined companies. According to Calix, it is in 83 percent of the publicly announced vendor selections for broadband stimulus projects as of late February, collectively worth about $630 million.