EXFO restructuring after recent acquisitions; shedding about 5% of workforce

QUEBEC CITY – EXFO has unveiled an accelerated integration plan for two of its recent acquisitions that will see the company recognize savings of over US$10 million but slash its workforce.The network test and monitoring technology maker pledged to fast-track the integration of Astellia’s and Ontology’s products with its own to create and offer a common monitoring and analytics platform. EXFO said that this highly differentiated platform, with big data capabilities, will address critical visibility and quality of experience issues for communications service providers as they invest in the digital transformation of their networks. It added that it will continue to...