Australia's NetComm Wireless to Be Acquired by US Firm Casa Systems

February 25, 2019

Australian networking solutions provider NetComm Wireless has agreed to be acquired by Massachusetts-based converged broadband solutions company Casa Systems for a price of A$161 million or A$1.10 per share in an all-cash transaction. NetComm made the announcement to the ASX on Friday. The statement said directors had considered the acquisition to be in the best interests of shareholders.

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