The takeover will see Endace delist from the AIM exchange, where it has struggled to gain investor attention for its innovations in network visibility.
UPDATE: Joyce tells NBR ONLINE he has no problem with Endace - now set to fall into foreign ownership - pocketing $11 million in government R&D grants.
Taxpayer millions will go to shareholders as US co makes $156m offer for NZ's Endace - founding CEO Selwyn Pellett
Yet another tech company that has received millions in government grants set to fall into overseas ownership. UPDATED Founder voices fears; US suitor meets with government, talks to NBR.