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Ennoconn expands SEA footprint with US$10.7 million acquisition of Nera Telecommunications

Ninelu Tu, Taipei; Levi Li, DIGITIMES Asia Monday 9 September 2024 0

Credit: DIGITIMES

As part of its efforts to strengthen its global sales strategy, Ennoconn announced on the evening of September 4 its plan to acquire a 53.38% stake (193,173,439 shares) in Nera Telecommunications (NERA) from major shareholder Asia Systems Ltd.

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