Brief: Terago to buy AirVM Inc's international hosting business

TeraGo

13/05/2016 12:00

May 13 (Reuters) - Terago Inc  TGO.TO  
    * Terago to Acquire international hosting business of 
Ottawa-based AirVM Inc 
    * Unit will acquire hosting business currently operated and 
carried out by Ottawa-based AirVM Inc 
    * Acquisition will be funded without accessing Terago's 
existing credit facilities 
    * Closing of acquisition is expected to occur towards end of 
May, 2016 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nMKWhq3sKa 
Further company coverage:  TGO.TO  
 
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