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Aviat Networks Acquires NEC's Wireless Transport Business

PR Newswire - Tue May 9, 2023

AUSTIN, Texas, May 9, 2023 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat") (Nasdaq:  AVNW), the leading expert in wireless transport and access solutions, today announced that they have entered into a definitive agreement with NEC Corporation (NEC; TSE: 6701), a leader in the integration of IT and network technologies, for the sale of its Wireless Transport Business to Aviat in an asset purchase transaction valued at $70.0 million U.S. dollars in cash and shares.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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