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Announced

Champion ONE to merge with Approved Networks and US Critical.

Synopsis

Champion ONE, a designer, marketer, and supplier of optical networking components, agreed to merge with Approved Networks and US Critical, the two providers of programming, testing, and distribution of network solutions. Financial terms were not disclosed. "Similar to Champion ONE, Approved Networks has achieved significant growth since its inception, in large part due to its commitment to listening to customers and delivering consistent operational excellence. The decision to merge the companies was based not only on the compelling business synergies, but by the exceptional cultural fit, shared operational ethos, and relentless dedication to customer service," Pete Kirchof, Champion ONE Executive Chairman.

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