$150-million acquisition

Jun 1st, 1996

$150-million acquisition

Northern Telecom Ltd. in Toronto, ON, Canada, is purchasing Micom Communications Corp. in Simi Valley, CA, for approximately $150 million. According to Jean C. Monty, president and chief executive of Northern Telecom, "Micom`s product portfolio, technologies and distribution channels complement our rapidly expanding multimedia networks business."

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