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Symmetricom, Datum sign merger agreement

Posted: 28 May 2002 ?? ?Print Version ?Bookmark and Share

Keywords:broadband access? telecommunications? network? synchronization?

Symmetricom Inc., a provider of advanced network synchronization and broadband access solutions, and Datum, a supplier of time and frequency products used in telecommunications networks, have signed a definitive merger agreement.

"Through this merger, we will have the critical mass to develop and support a suite of products for a larger, more diverse customer base and to be more successful in a highly competitive industry. The free cash flow projected to be generated by the synergies of the combination will allow us to continue to invest in new growth opportunities," said Mr. van der Kaay, chairman, president and CEO of Datum.

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