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DragonWave Concludes Trade Union Consultation Process for Acquisition of Nokia Siemens Networks Microwave Transport BusinessDec 19, 2011 (Close-Up Media via COMTEX) -- DragonWave Inc., a global supplier of packet microwave radio systems for mobile and access networks, announced that it has completed the required consultation process with Italian trade union representatives for the planned acquisition of Nokia Siemens Networks' microwave transport business. DragonWave reported that along with Nokia Siemens Networks they have also determined that no merger control filings are required in relation to the proposed acquisition. Subject to fulfillment of remaining closing conditions, DragonWave and Nokia Siemens Networks currently plan to close the transaction in the first quarter of calendar 2012, in line with earlier expectations. More Information: www.dragonwaveinc.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ] |