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Emulex completes acquisition of Endace

Monday 1 April 2013 | 17:08 CET | News
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Network connectivity, monitoring and management company, Emulex has announced the completion of its acquisition of Endace Limited. Emulex acquired control of Endace, and beneficial ownership of 89 percent of the shares of Endace, on 26 February. Emulex has now completed the acquisition of beneficial ownership of 99.9 percent of the shares of Endace, and the process for the compulsory acquisition of the remaining Endace shares by Emulex pursuant to the New Zealand Takeovers code has commenced. The receiving agent has reported that 212 acceptances have been received for a total of 15,199,588

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Categories: Fixed
Companies: Emulex / Endace
Countries: World
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