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TODAY'S HEADLINES
July 22, 2008
[Satellite 07-22-08] Comtech EF Data Corp. has acquired the network backhaul assets and the NetPerformer and AccessGate product lines of Verso Technologies, Comtech Telecommuications Corp. announced July 21.
The acquired assets and product lines cater to enterprises and mobile carriers and will be merged with Comtech EF Data's subsidiary, Memotec Inc.
The acquisition, valued at about $3.9 million, also includes intellectual property rights and technology assets that will expand on the product offerings of Memotec.
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