EXFO Acquires Brix Networks for $28,500,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9292b3c-98dc-45ac-a0b0-afd97a2872f9&Preview=1 -
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/
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Transaction Type
M&A -
Transaction Amount
$28,500,000 -
Transaction Round
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Proceeds Purposes
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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.
