Siemens to acquire RuggedCom for C$382 million

Siemens announced it is finalizing the acquisition of RuggedCom Inc. for C$382 million (C$33.00 per share), a Canadian supplier of industrial data communications networks. The deal is expected to close in the second half of March 2012.

“RuggedCom's portfolio would be an ideal addition to our range of industrial Ethernet communication products, improving our industrial-quality router and switch offering.”businesschief.com

• 1 source
• businesschief.comSiemens Buys Canadian Network Supplier RuggedCom Inc. | Business ChiefBizclik EditorMay 19, 2020

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