May 19, 2011 -- Fiber-optic network infrastructure provider euNetworks Group announced on Thursday that it has reached a definitive agreement to acquire German-based LambdaNet Communications Deutschland. euNetworks will purchase the company for $36 million cash plus a payment of principal of about $4 million on an existing company loan.

Source: http://feedproxy.google.com/~r/thewhir/~3/MAjmWo5MKFM/051911_euNetworks_Acquires_German_Colocation_Firm_LambdaNet_Communications_for_36M
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