Ribbon Communications to acquire Edgewater Networks

Seeking Alpha

Published Jun 25, 2018 10:09AM ET

Ribbon Communications to acquire Edgewater Networks

  • Ribbon Communications (RBBN -0.9%) to acquire Edgewater Networks for $110M.
  • Edgewater Networks is a market leader in Network Edge Orchestration for the small and medium enterprise and Unified Communications market.
  • Edgewater Networks revenue was $64M (+28% Y/Y) in 2017 and adj. EBITDA was $4M (+98% Y/Y) in 2017.
  • The transaction is expected to close in the Q318. The transaction is expected to be immediately accretive to Ribbon’s Adjusted EBITDA and Non-GAAP EPS post-closing.
  • Now read: Nokia (HE:NOKIA): Trust The Results Or The Optimism?
  • Original article

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