Broadens Personal Networks Offerings in The United States And Canada;
Anticipated to be Accretive to Non-GAAP Incomes Basis, by the 2nd Half of 2025
ROSH HA‘ AIN, Israel, Feb. 6, 2025/ PRNewswire/– Ceragon CRNT, a leading services service provider of end-to-end cordless connection, today revealed that it has actually finished the acquisition of End 2 End Technologies, LLC, a U.S. systems combination and software application advancement business that serves Personal Networks, mostly in the Energy and Utilities markets.
End 2 End Technologies includes distinct knowledge in the Energy and Utilities markets, supplying efficiency in radio frequency interactions, both in broadband and narrowband, along with its large assistance of commercial applications.
Doron Arazi, Ceragon CEO, stated “End 2 End Technologies boosts our abilities in the fastest-growing part of the telecoms connection market, including tested system combination abilities and a distinct network management software application platform, making our services progressively customized to personal network consumers especially in The United States And Canada We invite the skilled End 2 End group to Ceragon.”
The regards to the acquisition are lined up with formerly revealed expectations.
Roth Capital Partners worked as monetary consultants to Ceragon for this deal, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. supplied legal advisory services. Jahani and Associates worked as monetary consultant to End 2 End Technologies.
About Ceragon
Ceragon CRNT is the worldwide innovator and leading services service provider of end-to-end cordless connection, concentrating on transportation, gain access to, and AI-powered handled & & expert services. Through our dedication to quality, we empower consumers to raise functional effectiveness and improve the quality of experience for their end users.
Our consumers consist of company, energies, public security companies, federal government companies, energy business, and more, who count on our cordless knowledge and innovative services for 5G & & 4G broadband cordless connection, mission-critical services, and a variety of applications that harness our ultra-high dependability and speed. Ceragon services are released by more than 600 company, along with more than 1,600 personal network owners, in more than 130 nations. Through our ingenious, end-to-end services, covering hardware, software application, and handled & & expert services, we allow our consumers to welcome the future of cordless innovation with self-confidence, forming the next generation of connection and service shipment. Ceragon provides very dependable, quick to release, high-capacity cordless services for a large range of interaction network usage cases, enhanced to lower TCO through very little usage of spectrum, power, realty, and labor resources – driving easy, fast, and cost-efficient network modernization and placing Ceragon as a leading services service provider for the “connection all over” period.
For additional information please go to: www.ceragon.com
Ceragon Networks ® and FibeAir ® are signed up hallmarks of Ceragon Networks Ltd. in the United States and other nations. CERAGON ® is a hallmark of Ceragon, signed up in different nations. Other names discussed are owned by their particular holders.
About Jahani and Associates
Jahani and Associates is an independent, worldwide financial investment bank that supplies ingenious tactical guidance and services to a varied customer base, consisting of corporations and monetary sponsors. The company has actually served numerous customers from its workplaces in New York City City, Abu Dhabi, and Singapore The company is an international leader in cross border financial investment banking and serves the middle market. For extra details on Jahani and Associates, please check out the company’s site at jahaniandassociates.com.
Safe Harbor
This news release consists of declarations that make up “positive declarations” within the significance of the Securities Act of 1933, as changed and the Securities Exchange Act of 1934, as changed, and the safe-harbor arrangements of the Personal Securities Lawsuits Reform Act of 1995. Such positive declarations are based upon the present beliefs, expectations and presumptions of Ceragon’s management about Ceragon’s organization, monetary condition, outcomes of operations, micro and macro market patterns and other problems resolved or showed therein. Examples of positive declarations consist of, however are not restricted to, declarations concerning: forecasts of need, profits, earnings, gross margin, capital investment and liquidity, competitive pressures, order timing, supply chain and shipping, elements accessibility, development potential customers, item advancement, funds, expense savings and other monetary and market matters. You might determine these and other positive declarations by the usage of words such as “might”, “strategies”, “expects”, “thinks”, “price quotes”, “targets”, “anticipates”, “plans”, “possible” or the unfavorable of such terms, or other similar terms, although not all positive declarations include these determining words.
Although our company believe that the forecasts shown in such positive declarations are based upon sensible presumptions, we can offer no guarantee that our expectations will be gotten or that any variances therefrom will not be product. Such positive declarations include understood and unidentified dangers and unpredictabilities that might trigger Ceragon’s future outcomes or efficiency to vary materially from those expected, revealed or indicated by such positive declarations. These dangers and unpredictabilities consist of, however are not restricted to: the threat that the deal might not be finished in a prompt way or at all, which might negatively impact the business’ organizations and the cost of Ceragon’s traded securities; unpredictabilities regarding the timing of the consummation of the deal and the possible failure to please the conditions to the consummation of the deal; hold-ups, disturbances or increased expenses in the combination of End 2 End Technologies’ organization with Ceragon; unexpected restructuring expenses might be sustained or concealed liabilities presumed; efforts to maintain essential workers, consumers, and suppliers might not be successful; dangers associated with diverting management’s attention from Ceragon’s continuous organization operations; direct exposure to inflation, currency rate and rates of interest variations and dangers connected with working in your area and globally, along with variations in the market cost of Ceragon’s traded securities; the results of the developing nature of the war circumstance in Israel and the associated developing local disputes; the effect of basic financial conditions on the on Ceragon’s and End 2 End Technologies’ organization; continuous or possible lawsuits or disagreements, incidental to the conduct of End 2 End Technologies’ continuous organization, with consumers, providers, property owners, or other 3rd parties; possible negative responses or modifications to organization relationships arising from the statement or conclusion of the deal; possible unfavorable modifications in basic financial conditions in the areas or the markets in which Ceragon and End 2 End Technologies run; and such other dangers, unpredictabilities and other elements that might impact our outcomes of operation, as more detailed in Ceragon’s latest Yearly Report on Kind 20-F, as released on March 21, 2024, along with other files that might be consequently submitted by Ceragon from time to time with the Securities and Exchange Commission.
We warn you not to position unnecessary dependence on positive declarations, which speak just since the date hereof. Ceragon does not presume any responsibility to upgrade any positive declarations in order to show occasions or scenarios that might emerge after the date of this release unless needed by law.
While our company believe that we have a sensible basis for each positive declaration included in this news release, we warn you that these declarations are based upon a mix of truths and elements presently understood by us and our forecasts of the future, about which we can not be particular. In addition, any positive declarations represent Ceragon’s views just since the date of this news release and must not be trusted as representing its deem of any subsequent date. Ceragon does not presume any responsibility to upgrade any positive declarations unless needed by law.
Ceragon’s public filings are offered on the Securities and Exchange Commission’s site at www.sec.gov and might likewise be gotten from Ceragon’s site at www.ceragon.com.
View initial material: https://www.prnewswire.com/news-releases/ceragon-closes-acquisition-of-end-2-end-technologies-302370848.html
SOURCE End 2 End Technologies
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