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Manufacturing M&A image Manufacturing M&A » By The Online Investor Staff, updated Thu., Mar. 28, 11:17 AM Recent mergers and acquisitions in the Manufacturing M&A category.

Slide #40. ClearOne Spontania

Acquirer: ClearOne (NASDAQ:CLRO)
Acquiree: Spontania
Details: ClearOne (NASDAQ: CLRO) has entered into an agreement to acquire Spontania from Spain-based Dialcom Networks, S.L. in an all-cash deal for 3.65 million (approximately US $5.0 million). Spontania is a software-based cloud collaboration solution which combines the benefits of video conferencing and web conferencing into a unique, effective and powerful enterprise solution that can scale to tens of thousands of users.

ClearOne is engaged in conferencing, collaboration, and network streaming solutions. Co. designs, develops and sells conferencing, collaboration and network streaming solutions for voice and visual communications. Co.'s line of conferencing and collaboration products are targeted for various businesses, as well as for personal use. Co.'s products can be categorized into the following: audio conferencing including installed DSP based audio conferencing, USB-based speakerphones and table-top audio conferencing; microphones consisting of patented beamforming microphones, ceiling microphones and wireless microphones; and video products including video collaboration and AV networking.

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Company Name:  ClearOne Inc
Stock buyback:  CLRO buyback
Website:  www.clearone.com
Sector:  Manufacturing
Number of ETFs Holding CLRO:  3
Total Market Value Held by ETFs:  $774288
Total Market Capitalization:  $43.00M
% of Market Cap. Held by ETFs:  1.80%
 

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March 28, 2024    11:17 AM Eastern
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