Ceragon Networks completed the acquisition of Siklu.

Ceragon Networks, a networking equipment vendor, completed the acquisition of Siklu, a telecommunications equipment supplier. Financial terms were not disclosed. "This acquisition is expected to accelerate our growth strategy by expanding our presence with the fastest-growing segments of the market and enhancing our end-to-end solutions to better address the evolving needs of private networks. In addition, I expect that this acquisition will have a positive impact on our gross margins in the near-term and our profitability in the intermediate to long term. We welcome the talented and experienced Siklu team to Ceragon, and integration initiatives are underway and progressing according to plan," Doron Arazi, Ceragon CEO.