WiMAX co Runcom acquires Bamboo
Wednesday, Jan 07, 2009
Mobile WiMAX solutions developerRuncom Technologies Ltd. has acquired Bamboo Media Casting Ltd. in an optionsswap deal. The acquisition comes less than a week after Runcom acquired most ofIXI Mobile Inc. (Bulletin Board:IXMO).The amount of the Bamboo acquisition wasnot disclosed, but Runcom founder and CEO Dr. Zion Hadad told"Globes", "The task now is to strengthen these deals and moveforward, which requires money.
Source: Trading Markets
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