Ceragon Networks Completes Acquisition of End 2 End Technologies

MT Newswires Live
02-03

Ceragon Networks (CRNT) said Monday it has completed the acquisition of End 2 End Technologies, a systems integration and software development company in the US.

The company said the transaction terms were in line with "previously disclosed expectations." In January, Ceragon said it would acquire End 2 End Technologies, for about $8.5 million in cash and shares plus up to $4.3 million in potential milestone payments.

Ceragon Networks said it expects the acquisition to be accretive to non-GAAP earnings by the second half of the year.

Price: 4.51, Change: -0.10, Percent Change: -2.17

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