NMS Comm (NMSS) Sells AccessGate Business To Verso Tech (VRSO) for $3.35M

December 24, 2007 9:05 AM EST

NMS Communications Corp. (NASDAQ: NMSS) announced the sale of its AccessGate business to Verso Technologies, Inc. (NASDAQ: VRSO).

Under the terms of the agreement, Verso acquired the business and associated assets and liabilities for total consideration of $3.35 million, including $850,000 of cash and $2.5 million of Verso common stock.


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Mergers and Acquisitions

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NMSS 0.08

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VRSO 0.02

+0.00 +0.00%
Volume: 0
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