Nayna Networks Inc., a provider of next-generation network systems will acquire privately held Professional Satellite & Communications LLC (ProSat), a supplier of residential broadband satellite systems, Nayna announced.

ProSat, which markets DirecTV services in the United States, generated more than $40 million in revenues and reported $3 million in profit in 2006. This acquisition is the latest step in Nayna’s expansion into fast-growth high bandwidth markets, the company said.

Nayna will acquire all of ProSat’s outstanding interests in an all-stock transaction that is expected to close within 30 days.