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About: Performance Technologies     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPubliclyTradedCompaniesOfTheUnitedStates, within Data Space : dbpedia.org associated with source document(s)

Type: Thingcompanyschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterpriseyago:WikicatCompaniesEstablishedIn1981yago:Abstraction100002137yago:Company108058098yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:SocialGroup107950920yago:WikicatPubliclyTradedCompaniesOfTheUnitedStates New Facet based on Instances of this Class

Performance Technologies, Inc was set up in 1981 and now is based in Rochester, New York. The company engages in network communications, telecommunications, and military, aerospace and government systems. In January 2011, Performance Technologies acquired GENBAND's Universal Signaling Platform (USP) and SP2000 signaling technology. On December 13, 2013, Sonus Networks, Inc. and Performance Technologies entered into a definitive merger agreement, under which Sonus will acquire PT for $3.75 per share in cash, or approximately $30 million.