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Cirronet Acquired by RF Monolithics 08/28/06

Posted by Gilles in Companies.
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Cirronet announced today that it has signed a definitive agreement to be acquired by RF Monolithics of Dallas, Texas. The transaction is expected to close in September and is valued at $24 million. RFM also announced a definitive agreement to acquire Caver-Morehead Systems, a leading producer of computerized maintenance management system software.

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