{"id":3138,"date":"2019-07-19T12:01:31","date_gmt":"2019-07-19T10:01:31","guid":{"rendered":"https:\/\/staging.ekinops.com\/news\/news\/ekinops-completes-the-acquisition-of-otn-technology-from-padtec"},"modified":"2026-10-20T20:46:08","modified_gmt":"2026-10-20T18:46:08","slug":"finalisation-de-l-acquisition-par-ekinops-de-la-technologie-otn-de-padtec","status":"publish","type":"press-releases","link":"https:\/\/www.ekinops.com\/fr\/news\/corporate\/ekinops-completes-the-acquisition-of-otn-technology-from-padtec","title":{"rendered":"Finalisation de l\u2019acquisition par EKINOPS de la technologie OTN de Padtec"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Target major operator core networks to triple optical transport business within 5 years<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OTN technology is used to switch data traffic over optical fibers, significantly optimizing network bandwidth utilization. The OTN technology will allow EKINOPS to meet growing market demand for this type of technology. It is estimated that over 40% of the optical network market uses OTN solutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This strategic acquisition will enable the Group to become a leader in this field and deliver additional revenue from new OTN products starting in 2020. By offering a global OTN\/DWDM solution for optical networks product line, EKINOPS will be able to target the major operator core networks market segment with the objective to triple its optical transport product sales within 5 years.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main transaction terms<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">EKINOPS has acquired the advanced OTN technology and an R&amp;D team comprising 25 engineers based in Campinas, near Sao Paulo (Brazil) for \u20ac10 million in cash. Brazilian operations are overseen by Jean-Luc Pamart, co-founder of EKINOPS and VP of R&amp;D for optical transport.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition is financed by the Group\u2019s cash resources (\u20ac14.2 million net cash<a href=\"#_ftn1\" id=\"_ftnref1\">[1]<\/a> at December 31, 2018) and debt. The Group raised \u20ac6.5 million of bank loans in Q2 2019.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref1\" id=\"_ftn1\">[1]<\/a> Cash and cash equivalents minus borrowings (excluding bank debt relating to CIR research tax credit pre-financing)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EKINOPS (Euronext Paris &#8211; FR0011466069 \u2013 EKI), fournisseur leader de solutions de t\u00e9l\u00e9communications d\u00e9di\u00e9es aux op\u00e9rateurs de t\u00e9l\u00e9communications, annonce la lev\u00e9e de l\u2019ensemble des conditions suspensives et la finalisation, ce jour, de l\u2019acquisition de la plateforme OTN-Switch (Optical Transport Network) d\u00e9velopp\u00e9e par Padtec, fabricant d\u2019\u00e9quipements de r\u00e9seaux optiques bas\u00e9 au Br\u00e9sil.<\/p>","protected":false},"author":2,"featured_media":3123,"template":"","press-releases-category":[86],"class_list":["post-3138","press-releases","type-press-releases","status-publish","has-post-thumbnail","hentry","press-releases-category-corporate"],"_links":{"self":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases\/3138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases"}],"about":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/types\/press-releases"}],"author":[{"embeddable":true,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":1,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases\/3138\/revisions"}],"predecessor-version":[{"id":3741,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases\/3138\/revisions\/3741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/media\/3123"}],"wp:attachment":[{"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/media?parent=3138"}],"wp:term":[{"taxonomy":"press-releases-category","embeddable":true,"href":"https:\/\/www.ekinops.com\/fr\/wp-json\/wp\/v2\/press-releases-category?post=3138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}