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Siemens Canada receives no-action letter for RuggedCom acquisition

 |  March 14, 2012

Siemens Canada has received a no-action letter from the Competition Bureau regarding its offer to acquire all outstanding common shares of RuggedCom. Siemens is one of the largest and most diversified companies in the world of electronics and electrical engineering, operating in the industry, energy and healthcare sectors. RuggedCom provides rugged communications networking solutions for mission-critical applications in harsh environments.

RuggedCom’s Board of Directors has unanimously recommended that shareholders accept Siemens’ offer.

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