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Market Insight

ECI to be acquired by Ribbon Communications

November 15, 2019  | Subscribers Only

Heidi Adams Heidi Adams Executive Director, Network Infrastructure Research, IHS Markit
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On 14 November 2019, Ribbon Communications announced an agreement to acquire ECI Telecom Group for 32.5M shares of Ribbon common stock and $324M in cash. Combined, the two companies will have 4,000 employees worldwide and combined revenue in the range of $900M per year. Clients, please log in to view the full content.

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