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Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Thu., Mar. 28, 5:31 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #62. Mitel Networks Corporation Aastra Technologies Limited

Acquirer: Mitel Networks Corporation (MITL)
Acquiree: Aastra Technologies Limited (AAH.CA)
Details: In a market update today, Mitel Networks Corporation (Nasdaq:MITL) (TSX:MNW) and Aastra Technologies Limited (TSX:AAH) confirmed that, further to the announcement on November 11, 2013 of Mitel's intention to merge with Aastra, the parties now expect to close the transaction on or about January 31, 2014, subject to the satisfaction or waiver of remaining closing conditions.

Mitel Networks is a provider of cloud and enterprise communications and collaboration solutions. Co.'s segments include: Cloud, which provides a range of private, public, hybrid and mobile Software as a Service solutions for businesses as well as cloud-based telephone and network services in the U.S.; and Enterprise, which provides a range of unified communications and collaboration solutions, which address and support the spectrum of technology specifications - from digital to IP to cloud to mobile, and from platforms to applications to end-user devices. Co.'s enterprise solutions include its virtualization capabilities and desktop and mobile applications.

Open the MITL Page at The Online Investor »

Mitel Networks is a provider of cloud and enterprise communications and collaboration solutions. Co.'s segments include: Cloud, which provides a range of private, public, hybrid and mobile Software as a Service solutions for businesses as well as cloud-based telephone and network services in the U.S.; and Enterprise, which provides a range of unified communications and collaboration solutions, which address and support the spectrum of technology specifications - from digital to IP to cloud to mobile, and from platforms to applications to end-user devices. Co.'s enterprise solutions include its virtualization capabilities and desktop and mobile applications.

Open the AAH.CA Page at The Online Investor »

Company Name: 
Mitel Networks Corp
Stock buyback: 
MITL buyback
Website: 
www.mitel.com
Sector: 
Communications Services
Company Name: 
Aastra Technologies Ltd.
Website: 
www.aastra.com
Sector: 
Communications Services
 

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