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Broadband

Terago merges wholly-owned subsidiaries

Tuesday 3 January 2017 | 17:49 CET | News
TeraGo announced that effective on 1 January, its wholly-owned subsidiaries, TeraGo Networks, RackForce Networks, RackForce Cloud Video and CodeNinja (d/b/a BoxFabric) completed a vertical short-form amalgamation. The merged corporation will continue to carry on business as "TeraGo Networks Inc." and will remain a wholly-owned subsidiary of TeraGo. The amalgamation was undertaken to simplify the company's corporate structure and to obtain certain administrative and financial reporting efficiencies. No securities were issued in connection with the amalgamation and the amalgamation will not

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Categories: Fixed
Companies: TeraGo
Countries: Canada
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