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August 1, 2011 Network device maker Communications Systems (JCS +2.7%) is trading higher after announcing earlier today it had acquired U.K. networking manufacturer Patapsco Designs for an undisclosed sum. The acquisition adds pseudowire plus a variety of other new ISDN products to the company's portfolio and capabilities.
Comment![Tech, M&A, On the Move]
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Company Description
Communications Systems, Inc. (herein collectively referred to as “CSI”, “our”, “we” or the “Company”) is a Minnesota corporation organized in 1969 which operates directly and through its subsidiaries located in the United States, Costa Rica, the United Kingdom and China. CSI is principally... More