Ennoconn completed the acquisition of a 63.77% stake in Nera Telecommunications for SGD14.5m.

Synopsis

Ennoconn, a provider of integrated solutions for industrial computing, embedded systems, and IoT applications, completed the acquisition of a 63.77% stake in Nera Telecommunications, a consulting firm, for SGD14.5m.

Principals

target

Nera Telecommunications

bidder

ENNOCONN

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Market Context