Bluesocket Bought By ADTRAN

Burlington, MA-based Bluesocket, which produces wireless networking and security technology, has been acquired by ADTRAN in a transaction effective August 4, the companies announced today. ADTRAN (NASDAQ: ADTN), a provider of networking and communications equipment, will roll Bluesocket into its enterprise networks business. Bluesocket—whose investors include Ascent Venture Partners, Intel Capital, Menlo Ventures, and Vesbridge Partners—raised $8 million in January 2010.

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