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Ceragon Networks ( (CRNT) ) just unveiled an announcement.
On January 14, 2025, Ceragon Networks announced its acquisition of End 2 End Technologies, a US-based systems integrator and software developer focused on private networks, especially in the energy and utilities sectors. The acquisition, valued at approximately $8.5 million with additional contingent payments, is expected to enhance Ceragon’s market presence in North America and accelerate its strategy in the private networks domain. The transaction is projected to be accretive to Ceragon’s non-GAAP earnings in the second half of 2025, with an anticipated revenue increase of $15-19 million from the acquisition. This strategic move is aimed at leveraging End 2 End Technologies’ system integration capabilities and proprietary software, further enriching Ceragon’s offerings in the rapidly growing telecommunications connectivity market.
More about Ceragon Networks
Ceragon Networks (NASDAQ: CRNT) is a global leader in providing end-to-end wireless connectivity solutions, specializing in transport, access, and AI-powered managed and professional services. The company serves service providers, utilities, public safety organizations, government agencies, and energy companies across more than 130 countries, facilitating 5G and 4G broadband wireless connectivity with a focus on operational efficiency and quality of experience.
YTD Price Performance: -8.85%
Average Trading Volume: 1,680,777
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $413M
Find detailed analytics on CRNT stock on TipRanks’ Stock Analysis page.
