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Clearfield Acquires Outdoor Powered Cabinet Product Portfolio from Calix

CLEARFIELD (CLFD)  More Company Research Source: Business Wire
Last clearfield earnings: 7/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: seeclearfield.com/about/for-investors.html
PDF Acquisition Expands Clearfield’s Fiber-to-Anywhere Expertise and Customer Base of Tier 1 and Tier 2 Service Providers MINNEAPOLIS--(BUSINESS WIRE)-- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management and connectivity platforms for communications providers, has acquired a portfolio of Telcordia certified outdoor powered cabinet products from Calix, Inc. (NYSE: CALX) for a total consideration of $10.35 million in cash, in addition to the assumption of related warranty obligations as well as certain purchase commitments. The purchase price was paid with Clearfield’s available cash. The introduction of the Clearfield powered cabinet line provides customers a single point of contact for cabinet solutions—both passive and powered. The acquisition enables Clearfield to expand its Fiber-to-Anywhere expertise to include powered electronic cabinet platforms while leveraging its supply chai [Read more]

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