Alcatel-Lucent to acquire NetDevices

Bangalore

May 16th, 2007

Netdevices has announced its acquisition by Alcatel-Lucent. Upon close of the
transaction, the NetDevices team and products will be integrated into
Alcatel-Lucent's Enterprise Business Group, reporting into Tom Burns, president
of Alcatel-Lucent's Enterprise Solutions activities.

The acquisition is subject to various standard closing conditions, including
applicable regulatory approvals, and is expected to close in the second quarter
of Alcatel-Lucent's fiscal year 2007. The terms of the deal were not disclosed.

NetDevices delivers enterprise networking platform known as a Unified Service
Gateway and was founded in 2003 and has 45 employees located in Sunnyvale, its
headquarters and Bangalore, India.

"Today's enterprises are quickly evolving to a converged communications
infrastructure of data, voice, and security services running with high
reliability and serviceability. Traditional architectures lack the flexibility
and programmability to deploy these new converged infrastructures in a
cost-effective way. A fresh approach based on the enterprise platform from
NetDevices combined with our core strengths of voice and switching would helps
us deliver such enterprise networks," said Hubert de Pesquidoux, President
of Alcatel-Lucent's enterprise activities.

"NetDevices' services gateways bring all required services for a branch
office in a unified package, reducing the network complexity for enterprise
customers and small medium business. By joining forces with Alcatel-Lucent, we
can enhance the benefits of NetDevices' solutions to our customers and create
new opportunities for our partners," said Seenu Banda, founder and CEO of
NetDevices. "Alcatel-Lucent provides an ideal partnership with its global
sales, service, and the development capabilities. With this agreement,
NetDevices joins Alcatel-Lucent to pursue our goal of delivering innovative
products to a large set of customers worldwide," he added.