DragonWave Acquires Axerra Networks
October 14, 2010
DragonWave Inc. acquired Axerra Networks Inc. in an all-cash transaction valued at $9.5 million (debt-free), with a potential performance-based earn-out of up to $15.5 million payable over 16 months. The acquisition combines Axerra's pseudowire and mobile-backhaul products with DragonWave's packet microwave portfolio to deliver converged TDM and packet backhaul solutions and broaden DragonWave's carrier and MSO customer reach.
- Buyers
- DragonWave Inc.
- Targets
- Axerra Networks Inc.
- Industry
- Telecommunications
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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