May 13, 2016 / 12:02 PM / in a year

BRIEF-Terago to buy AirVM Inc's international hosting business

May 13 (Reuters) - Terago Inc

* Terago to Acquire international hosting business of Ottawa-based AirVM Inc

* Unit will acquire hosting business currently operated and carried out by Ottawa-based AirVM Inc

* Acquisition will be funded without accessing Terago’s existing credit facilities

* Closing of acquisition is expected to occur towards end of May, 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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