# Casa Systems to acquire NetComm Wireless

Casa Systems will acquire 100% of NetComm Wireless for A$1.10 per share, valuing NetComm at approximately A$161 million. The transaction will be funded from Casa Systems' existing cash and is subject to shareholder and court approval.

- Type: Acquisition
- Announced: 2019-02-21
- Where: Australia
- Value: $115.0M (161.0M AUD)
- Status: announced
- Products: wireless networking equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Casa Systems](https://endata.com/companies/37524.md) (acquirer)
- [NetComm Wireless](https://endata.com/companies/37525.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/02/21/1739862/0/en/Casa-Systems-to-acquire-NetComm-Wireless-in-a-recommended-transaction.html), 2019-02-21: "NetComm Directors unanimously recommend the Scheme."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.