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Adva buys MRV Communications for USD 69 mln

Monday 3 July 2017 | 10:58 CET | News
Adva Optical Networking has agreed to buy MRV Communications for USD 10 per share, or a total of USD 69 million. Based in California, MRV provides network systems for data centre operators, service providers and enterprises. The offer has been approved and unanimously recommended by both the board of directors at Adva and MRV.

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Categories: Fixed
Companies: Adva Optical Networking / MRV Communications
Countries: World
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