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Ribbon Communications to buy Anova Data

Ribbon Communications Inc. has acquired Anova Data, Inc., PE Hub reported. According to the terms of the transaction, Annova will receive an aggregate of 3.3 million shares of Ribbon common stock. Based in Westford, Massachusetts, Anova Data is a manufacturer of mobile content delivery equipment. US-based Ribbon Communications is a provider of network solutions internationally.

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Mergers and Acquisitions,M&A,M&A deals