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DragonWave Inc.

11:45 AM EST - DragonWave Inc. : announced the closing of the acquisition of Nokia Siemens Networks' microwave transport business including its associated operational support system (OSS) and related support functions. The acquisition was effected pursuant to the Amended and Restated Master Acquisition Agreement between DragonWave Inc., its wholly-owned subsidiary DragonWave S.à r.l. and Nokia Siemens Networks dated May 3. DragonWave Inc.
shares T.DWI are trading down $0.07 at $3.16.