EXFO Acquires Brix Networks for $28,500,000

  • Feed Type
  • Date
    4/2/2008
  • Company Name
    Brix Networks
  • Mailing Address
    285 Mill Road Chelmsford, MA 01824
  • Company Description
    Brix Networks is the trusted provider of real-time performance management and service assurance solutions that allow carriers, service providers, cable companies, large enterprises, and government agencies to build, operate, and assure their VoIP networks and services.
  • Website
    http://www.brixnet.com/
  • Transaction Type
    M&A
  • Transaction Amount
    $28,500,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The $28.5 million cash purchase price includes an earn-out provision, meaning the purchase price could reach as much as $37.5 million if certain financial targets are met.