- eOn Communications (EONC +100%) reverse merges with IP acquisition and licensing firm Inventergy, which will become a wholly-owned subsidiary of eOn. The combined entity will be renamed Inventergy Global and Inventergy shareholders will control the new company.
- Inventergy owns 160+ patents and is led by former Hewlett-Packard head of IP and global strategy Joe Beyers.
- In conjunction, eOn sells $2.75M in preferred stock in a private placement.
eOn Communications doubles on Inventergy reverse merger
Dec 18 2013, 13:16 ET