10:27 AM EST, 01/14/2025 (MT Newswires) -- Ceragon Networks ( CRNT ) said Tuesday it signed an agreement to acquire End 2 End Technologies for about $8.5 million in cash and shares plus up to $4.3 million based on the achievement of certain financial milestones by End 2 End.

The networking equipment company said the acquisition is expected to be accretive to non-GAAP earnings by the second half of 2025 and generate $15 million to $15 million in incremental revenue this year.

Ceragon Networks ( CRNT ) expects to close the transaction by the end of January.

Shares of Ceragon Networks ( CRNT ) were up nearly 7% in recent trading.

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