Clearfield, Inc. (NASDAQ: CLFD), the specialist in cilia administration and connectivity platforms for communications providers, has acquired a portfolio of Telcordia certified alfresco powered chiffonier articles from Calix, Inc. (NYSE: CALX) for a absolute application of $10.35 actor in cash, in accession to the acceptance of accompanying assurance obligations as able-bodied as assertive acquirement commitments. The acquirement amount was paid with Clearfield’s accessible cash.
The accession of the Clearfield powered chiffonier band provides barter a distinct point of acquaintance for chiffonier solutions—both acquiescent and powered. The accretion enables Clearfield to aggrandize its Fiber-to-Anywhere ability to accommodate powered cyberbanking chiffonier platforms while leveraging its accumulation chain. The accretion additionally enables Clearfield to capitalize on and aggrandize its ability to a broader chump base, including account providers in the Tier 1 and Tier 2 markets.
Calix to Resell Clearfield Branded Solution
In affiliation with the transaction, Calix will resell the new Clearfield-branded powered chiffonier products, which accommodate the ODC 100/200 alternation and the ODC 1000/2000 alternation of enclosures.
Clearfield Amount Bazaar Position Strengthened
“This accretion and affiliation represents a above footfall in Phase III of our advance strategy, that centers about capturing the broader bazaar befalling through approach development,
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