US investment firm completes €383m Sagem acquisition

The Gores Group, a leading U.S. investment firm, announced today that it closed its acquisition of Sagem Communications from SAFRAN for an enterprise value of €383m at current exchange rate.

US investment firm completes €383m Sagem acquisition
Tue, 29 Jan, 2008 - 08:53

Leading US investment firm The Gores Group has announced today that it has completed its acquisition of Sagem Communications from SAFRAN for an enterprise value of €383m at current exchange rate.

Sagem Communications is one of France's premier technology companies specialising in broadband communications and convergence activities.

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