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Article: Castelle Completes Acquisition of Ibex Technologies.
- Article from:
- Business Wire
- Article date:
- November 21, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 21, 1996--Castelle (NSDQ: CSTL) has completed its acquisition of Ibex Technologies, Inc., a privately held company that is the market leader in fax-on-demand systems.
The acquisition follows an agreement signed on Aug. 22, 1996, under which Castelle agreed to acquire all the outstanding Ibex stock and stock options in exchange for 850,000 shares of Castelle common stock. The acquisition, approved by Castelle and Ibex shareholders on Nov. 19 and Nov. 18 respectively, is intended to be tax free in nature and accounted for as a pooling of interests for financial statement purposes.
The newly created Ibex ...
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Article: Castelle to Acquire Ibex Technologies, Inc.
Business Wire;
August 23, 1996 ;
700+ words
...SANTA CLARA, Calif.--(BUSINESS ... Aug. 23, 1996--Castelle (NASDAQ:CSTL ... NASDAQ symbol CSTL, Castelle is headquartered in Santa Clara, Calif., and has ... access http://www.castelle.com. CONTACT: Castelle ...
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