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In a bid to expand its product portfolio, ADTRAN Inc. (ADTN - Free Report) announced creation of the ADTRAN Mosaic Open Network Alliance (Mosaic Alliance). ADTRAN Mosaic, the most open, programmable and scalableSD-Access solution prevalent in the industry, forms the base of this program.

With the success of Mosaic SD-Access platforms, ADTRAN is developing the Mosaic Alliance to promote advancement and adoption of SDN and NFV solutions, depending on open standards, thus maximizing the utility that such open collaborations can provide.

The Mosaic Alliance will bring market participants together, who are committed to delivering, demonstrating and testing open and proven SDN and NFV solutions. The program will enable ADTRAN to lend world-wide operators a single point of reference for best-of-breed SD-Access and NFV solutions. 

The Mosaic Alliance offers an exclusively authenticated solution to save network operators the time and resources required to evaluate and substantiate vendors and services most suited for their open network demands. It will also lessen introduction risks to the operator’s business.

Mosaic Alliance members will also avail of ADTRAN expertise and aid one another for exchange of information and mutual assistance for the establishment of new open SD-Access projects.

Members have already begun enrolling in the Mosaic Alliance and ADTRAN is in the process of reviewing a list of additional prospective candidates. The company will announce partners to the alliance in the coming months.

Zacks Rank & Other Key Picks

ADTRAN currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the Computer and Technology sector are AAC Technologies Holdings Inc. (AACAY - Free Report) , Applied Optoelectronics, Inc. (AAOI - Free Report) and ACI Worldwide, Inc. (ACIW - Free Report) . While AAC Technologies and Applied Optoelectronics sport a Zacks Rank #1 (Strong Buy), ACI Worldwide carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of AAC Technologies and Applied Optoelectronics have surged more than 100% in a year, while ACI Worldwide shares have rallied 15.6% over the same time period.

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