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Spirent Communications Plc signs definitive agreement to acquire business of DAX Technologies


Tuesday, 18 Feb 2014 02:05am EST 

Spirent Communications Plc:Enters into a definitive agreement to acquire the business of DAX Technologies Corp., privately held by Dragos Alexe and others.Says for a cash consideration of $37 mln, funded from existing cash resources.Says transaction is structured as an acquisition of the business and is expected to complete within one week of signing. 

Company Quote

6.7
-0.01 -0.15%
9 Sep 2014