ůůֱ²¥ Technologies Closes Transaction to Sell Its Conference Plus Subsidiary to Arkadin
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AURORA, Ill.--(BUSINESS WIRE)-- ůůֱ²¥. (NASDAQ: WSTL), a leading provider of telecommunications equipment for wireline, wireless and home networks, today announced that as of December 31, 2011, it had closed the previously announced transaction to sell its subsidiary Conference Plus, Inc. to a subsidiary of Arkadin S.A.S. The transaction agreement was announced on December 21, 2011.
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ůůֱ²¥., headquartered in Aurora, Illinois, designs, distributes, markets and services a broad range of carrier-class communications equipment, including digital transmission, remote monitoring, power distribution and demarcation products used by wireline and wireless telecommunications service providers, industrial customers, and home network users. Additional information can be obtained by visiting .
Investors / Trade / Media
Brian Cooper
Chief Financial Officer
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Technologies, Inc.
630.375.4740
BCooper@westell.com
Source: ůůֱ²¥.
Released January 3, 2012