Cable & Telecom

EXFO moves to acquire Astellia’s remaining shares

QUEBEC CITY – EXFO Inc. has filed an all-cash voluntary tender offer for the outstanding shares of French network and subscriber intelligence provider Astellia.The Canadian network test and monitoring technology maker bought a 33.1% equity stake in Astellia in August,  and said Tuesday that this offer will be proposed at a price of 10 euros per Astellia share, the same amount that was paid by EXFO for the off-market acquisition.The fairness of the offer's financial terms was confirmed by independent expert AssociĆ©s en Finance.  On the basis of such report, the Board of Directors of Astellia unanimously considered that the...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.