Golden Gate Buys Tollgrade Communications

San Francisco‐based private equity firm,Golden Gate Capital, has acquired network service provider,Tollgrade Communications. The transaction was completed in accordance with the terms of a merger agreement signed in February 2011 and approved by Tollgrade shareholders.

In connection with the deal, Tollgrade's shares will cease to be publicly traded. Tollgrade is a provider of network service assurance solutions for telecommunications operators in the U.S. and Europe.

Click here for the release fromGlobe Newswire.