Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How did Taqua fare as part of Tekelecs switching business?

April 26, 2017Business Fare switching taqua

0

Posted

How did Taqua fare as part of Tekelecs switching business?

1 Answer

0

Posted

Not well. Insiders say Tekelec didn’t support the product and mismanaged the switching business overall. Sales suffered and competitors like MetaSwitch had a field day. In February 2006, Tekelec took a $22.7 million charge against earnings, a good bit of which was related to the write-off of “Taqua purchased technology.” The company took another $28.6 million charge related to “the impairment of the goodwill associated with the Taqua reporting unit.