Koor Industries announced the receipt of a number of inquiries from various entities interested in acquiring its holdings (61%) in its subsidiary, Telrad Networks. No decisions have been announced.
Telrad provides a family of products for Next Generation Networks (NGN), WiFi mesh, and FMC. The company also provides system integration, maintenance and ongoing upgrades of systems. Telrad, which was founded in 1951, is based in Israel.
http://www.koor.comhttp://www.telrad.com
Sunday, October 29, 2006
Koor Considers Sale of Telrad Networks
Sunday, October 29, 2006
Financial