Dragonwave and NSN Amend Divestment Agreement
DragonWave and Nokia Siemens Networks (NSN) have chosen to amend divestment agreement for DragonWave’s acquisition of NSNs’ microwave transport business. As part of the amended agreement the planned closing date is June 1, 2012, subject to closing conditions, said NSN. DragonWave would be a strategic supplier of packet microwave and other related products to Nokia Siemens Networks. The 2 companies would jointly coordinate on technology development activities.