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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tellabs, Inc. (MM) | NASDAQ:TLAB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.44 | 0 | 01:00:00 |
NAPERVILLE, Ill., Nov. 26, 2013 /PRNewswire/ -- temple, a leading global distribution company that provides connectivity expertise and solutions to the data and telecommunications sectors, has agreed to become an authorized distributor of Tellabs' Optical LAN solutions. The agreement expands distribution of Tellabs' Optical LAN into the Europe, Middle East and Africa (EMEA) markets.
temple will handle Optical LAN distribution for businesses, government agencies and other organizations. temple will build on its relationships with value-added resellers, system integrators and other supply chain partners to sell, deploy and maintain Optical LAN for EMEA customers.
Tellabs' industry-leading Optical LAN is a high-tech replacement for conventional copper-based Ethernet LANs. It saves businesses up to 70% in the cost of ownership, lowers energy consumption by up to 80%, and reduces space needs by up to 90%. Tellabs Optical LAN combines all of a building's communications networks into one, improving security and eliminating the need for future re-cabling.
The temple agreement is the next step as Tellabs builds up its distribution ecosystem. Tellabs PartnerPlus Program is expanding relationships with distributors, value-added resellers and system integrators around the world.
"temple continually invests time and resources exploring innovative and groundbreaking technologies to take to the EMEA market," said Paul Ryan, CEO of temple. "Optical LAN is a game-changing technology backed by Tellabs' carrier-class pedigree and experience in this space. Already, we are seeing change in the market and are very excited to work with Tellabs in this region."
"We're excited to add temple's reach to the innovation of Tellabs Optical LAN, which saves customers money by reducing costs, energy and space needs," said Roger Heinz, executive vice president-global sales and service, Tellabs. "Through temple, Tellabs can deliver Optical LAN to more businesses, organizations and government agencies to help them save money."
About temple ̶ temple is a privately held specialist distributor of infrastructure connectivity systems for the enterprise data and telecommunications markets. temple's company ethos is to provide exceptional customer service and innovative technologies. For further information visit www.temple-emea.com.
About Tellabs ̶ Tellabs innovations advance smart networks to help our customers succeed. That's why 80% of the top global communications service providers choose our mobile backhaul, packet optical, Optical LAN and services solutions and applications. We help them get ahead by adding revenue, reducing expenses and optimizing networks.
Tellabs (Nasdaq: TLAB) is part of the Ocean Tomo 300® Patent Index and several corporate responsibility indexes including the Maplecroft Climate Innovation Index, FTSE4Good and eight FTSE KLD indexes. www.tellabs.com
SOURCE Tellabs
Copyright 2013 PR Newswire
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