The Traderszone Network

Published in TZ Latest News 14 April, 2017 by The TZ Newswire Staff

Can an Acquisition Pull This Struggling Tech Company Out of a Rut?

Communications technology company Sonus Networks (NASDAQ: SONS) acquired a small company called Taqua last year for $20 million in cash. The reason for the deal was twofold: Taqua was complementary to Sonus’ existing portfolio and well-aligned with its new growth strategy. Nearly seven months since the merger, here’s a look at how things are working out.

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