je.st
news
Ribbon to acquire ECI Telecom for expansion in optical, data markets
2019-11-14 16:28:00| Telecompaper Headlines
(Telecompaper) Ribbon Communications announced an agreement to acquire ECI Telecom, expanding its portfolio with packet-optical transport and SDN/NFV equipment. The company will pay 32.5 million shares of Ribbon common stock and USD 324 million of cash, and ECI stockholders will also receive USD 31 million from ECI's property sale.
Tags: data
markets
expansion
optical
Category:Telecommunications
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||