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Emulex Corp Acquires 89% Ownership Of Endace Ltd


Tuesday, 26 Feb 2013 11:25am EST 

Endace Ltd and Emulex Corp, is in network connectivity, monitoring, and management announced that Emulex has acquired control of Endace and beneficial ownership of 89% of the shares in Endace. Emulex has also extended its offer period by 14 days, to 1 p.m. London time on March 12, 2013 for remaining shareholders to submit their shares to the Offer, and it is likely that Endace will shortly be de-listed from trading on the London Stock Exchange AIM. Emulex continues to urge Endace shareholders to submit share acceptances so that Emulex attains 100% ownership of Endace. Prior to 1 p.m. London time on February 26, 2013, Emulex declared the Offer wholly unconditional, and extended the offer period by 14 days in accordance with New Zealand law. Endace shareholders who submitted acceptances will be sent payment for their shares within seven days. 

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