MissionIR's  Instablog

Send Message
We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
My company:
My blog:
MissionIR Blog
  • DragonWave, Inc. (DRWI) Successfully Meets Regulatory Requirements And Closes Acquisition Of Nokia Siemens Networks' Microwave Transport Business In China 0 comments
    Dec 3, 2012 2:36 PM | about stocks: DRWI

    DragonWave, a leading global supplier of packet microwave radio systems for mobile and access networks, recently announced that the company has met all regulatory requirements necessary to complete its transaction to acquire certain Chinese operations of Nokia Siemens Networks' microwave transport business.

    As a result of the completed transaction, approximately 100 employees of the Shanghai-based Nokia Siemens Networks have transferred to DragonWave. "We want to welcome our new colleagues in China to the DragonWave team," stated Peter Allen, DragonWave President and CEO. The official closing of the discussed transaction took place on June 1, 2012.

    DragonWave is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave develops and manufactures carrier-grade point-to-point packet microwave systems that transmit broadband voice, video, and data, allowing service providers, government agencies, enterprises, and other organizations to meet increasing bandwidth requirements both rapidly and affordably.

    For more information on DragonWave, please visit www.dragonwaveinc.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: DRWI
Back To MissionIR's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.