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Tektronix completes acquisition of Inet

Posted: 07 Oct 2004 ?? ?Print Version ?Bookmark and Share

Keywords:tektronix? inet technologies? communications software? network? 2.5g?

Tektronix Inc. has completed its previously announced acquisition of Inet Technologies Inc., a provider of communications software solutions that enable next-generation networks, including 2.5G and 3G mobile data and voice-over-packet (VoIP) technologies, and traditional networks.

Tektronix acquired all of Inet's 39.6 million shares of outstanding stock for $12.50 per share, consisting of $6.25 per share in cash and 0.192 shares of Tektronix stock, based on the average closing price of Tektronix stock for the five trading days ending Sept. 29, 2004.

Tektronix plans to provide guidance regarding the financial impact of this transaction during the current quarter, which ends Nov. 27, 2004.

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