Tech Company M&A Transactions
Native Networks Acquisition
Headquartered in Petach Tikva, Native Networks was acquired by Alcatel-Lucent. Alcatel-Lucent said the transaction price was $55 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/2/2005
Transaction Type
M&A
Amount
$55,000,000
M&A Terms
Alcatel (Paris: CGEP.PA and NYSE: ALA) today announced that it has signed an agreement to acquire Native Networks, an innovative provider of carrier-class optical Ethernet transport solutions. This acquisition builds upon the successful cooperation announced in February 2003 between Alcatel and Native Networks to develop a unique Ethernet packet ring technology. Under the terms of the agreement, Alcatel will pay approximately US$ 55 million in cash for the total capital of Native Networks.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
Undisclosed
Petach Tikva, 99999
Israel
Petach Tikva, 99999
Israel
Phone
Website
Email Address
Not Recorded
Overview
Native Networks is an innovative provider of carrier-class optical Ethernet transport solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rami Hadar
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