resources
Friday, November 3, 2000 | return to: international
San Ramon’s ZapMe! acquired for millions
by JERUSALEM (JPS) -- Gilat Satellite Networks and ZapMe! Corp. of San Ramon recently announced an agreement under which Gilat will, Under the terms of the agreement, Gilat, an Israeli firm, will buy just over half of 44.3 million ZapMe! shares at $2.32 per sha
| Follow j. on |  |
and |  |
Gilat Chairman and CEO Yoel Gat said, "This acquisition will provide Gilat with the technology, employees, and resources to focus more attention on the highly attractive business-to-business market."
The ZapMe! acquisition, to be completed by the end of this year, is not expected to materially impact Gilat financial results in 2000 or 2001.
Comments
Be the first to comment!
Leave a Comment
In order to post a comment, you must first log in.
Are you looking for user registration? Or have you forgotten your password?
All