RSoft and NDTI complete merger, new company is named RSoft Design Group
RSoft, Inc. and NDTI announced their agreement to merge in mid-November and have been effectively integrating their products, staff, and resources over the past two months. As a result of the smooth transition, RSoft Design Group expects to introduce a number of new products and upgrades to their existing award-winning portfolio in the first and second quarters of this year.
"We re moving fast to leverage our complementary technical expertise, which ranges from the physics of component design through to the business implications of planning wired and wireless networks," said Gail Lalk, acting CEO and Network-Layer Division president of the newly merged RSoft Design Group. "The value of this combination will be reflected in a series of new product announcements in the coming months."
In selecting the new name, the newly merged company chose to build on the current brand equity established by RSoft over the past ten years. "As the premier provider of photonic modeling solutions at the physical-level, it made perfect sense to take advantage of RSoft s market-leading position," added LuAnn Scarmozzino, president of the Physical-Layer Division at RSoft Design Group.
RSoft Design Group will operate as a privately held company, with continued investment support from Pequot Capital Private Equity (www.pequotcap.com). Financial terms were not disclosed.
About RSoft Inc.
Founded in 1990, RSoft, Inc. develops and markets award-winning CAD and simulation software for the design and analysis of high performance integrated and fiber-based photonic components and systems. RSoft s products are used worldwide by manufacturers and researchers in the development of devices and subsystems in the metropolitan, long haul, and access segments of optical telecommunications and broadband networks. RSoft s device-level (BeamPROPTM, FullWAVETM) and link-level (LinkSIMTM) tools are recognized as the industry-leading standard in horizontally and vertically integrated simulation software solutions. RSoft is headquartered in Ossining, NY, with additional development offices in Silicon Valley and Chicago, and global marketing operations in the Pacific Rim, Europe, and the Middle East.
About Network Design Tools Inc.
Headquartered in Eatontown, NJ, Network Design Tools, Inc. (NDTI) offers a full spectrum of software tools and consultation services to help clients optimize their telecommunications networks. From optical network simulation to wavelength and wireless network design and strategic analysis, NDTI helps clients adapt new technologies that enable advanced telecom services. NDTI s family of tools allows component and equipment manufacturers to design products that achieve optimal network performance and compatibility, and gives service providers the ability to evaluate the most cost effective and technically sound solution for increasing network capacity. NDTI is a spin-off from Telcordia Technologies, Inc. and has received $15 million in funding from Pequot Ventures, the direct venture investing arm of Pequot Capital Management Inc.
Andrea Papa, RSoft, Inc.
Tel. +1 914-923-2164, cell: +1 917-826-4011
Peter Buonfiglio, Network Design Tools, Inc.
Tel. +1 732-380-2627, mobile: +1 908-334-0465, email: peterb@ndtools.com
E-mail: andrea@rsoftinc.com
Web site: http://www.rsoftdesign.com
