Recent acquisition news reached the industry regarding the purchase by Infinova of Canadian based IP video specialists, March Networks.
The CDN$90 million acquisition, set to complete by April 2012, will see a combination of 2 industry heavyweights in their own right, join forces to make a seriously large force in the IP sector.
But is it a perfect union?
Looking at the proposed deal, there is a… Continue reading
March Networks acquisition.
March networks a global provider of intelligent IP video solutions, today announced that it has entered into a definitive agreement with Infinova (Canada) Ltd.Infinova is a company listed on the Shenzhen Stock Exchange and will integrate well with March. Infinova will acquire, through a statutory plan of arrangement, all of the issued and outstanding common shares of March Networks Corporation for C$5.00 per share in cash… Continue reading
Follow: