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DragonWave closes deal to acquire Chinese operations of Nokia Siemens

Canadian Press, The Canadian Press
0 Comments| November 30, 2012

OTTAWA - Telecom equipment supplier DragonWave Inc. has completed the deal to acquire some of Nokia Siemens Networks' operations in China, adding about 100 employees to the Ottawa-based company's operations.

Shares in DragonWave (TSX:DWI) were up 16 per cent, or 33 cents, to $2.39 in morning trading Friday on the Toronto Stock Exchange.

© The Canadian Press, 2005

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