ECI Telecom exits for around $455 million

US-based Ribbon Communications is to acquire Israel-based telecommunications equipment supplier ECI Telecom for $324 million in cash plus shares worth another $130 million. ECI was founded in 1961.,7340,L-3773770,00.html

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *