Tranzeo Wireless Technologies Acquires Aperto Networks for $5,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e30b55ff-fbc5-4fd3-9e5b-4f2030e78c72&Preview=1
Date
4/1/2010
Company Name
Aperto Networks
Mailing Address
598 Gibraltar Drive Milpitas, CA 95035
Company Description
Aperto Networks is a manufacturer of wireless networking equipment used to connect service providers to broadband customers over the last mile.
Website
http://www.apertonet.com
Transaction Type
M&A
Transaction Amount
$5,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Under the terms of the merger agreement, and upon the satisfaction of closing conditions, Aperto will be merged into a newly incorporated subsidiary of Tranzeo, with Aperto surviving and continuing to be operated as a wholly-owned subsidiary of Tranzeo.