PairGain Signs 5-year Distribution Deal
Dow Jones
PairGain Technologies Inc. said Monday it signed a deal with a distributor to sell its Avidia networking system through Riodata, which provides high-speed Internet services to European companies.
The Tustin telecommunications company said the five-year agreement with PanDacom GmbH, a PairGain Distributor, is valued at up to $100 million. The Avidia system allows telecommunications companies and operators of large private networks to deliver high-speed voice, data and video over traditional copper telephone lines.
