Siklu: Ceragon Networks to acquire Siklu for enterprise value of up to $15 mln

Ceragon Networks agreed to acquire Siklu, a provider of multi Gigabit "wireless fiber" connectivity in urban, suburban and rural areas, for an enterprise value of $13 million to $15 million. As consideration to Siklu's shareholders, Ceragon will issue approximately 1.5 million ordinary shares. Ceragon is expected to assume fin...