Endace

Endace founder Selwyn Pellett

Endace reports $US22.5m loss

Tue 23 Dec

 US-listed parent Emulex has pledged financial support for the next 12 months

Endace founding CEO Selwyn Pellett

Emulex to mop up remaining Endace shares after crossing threshold

Tue 2 Apr

The takeover will see Endace delist from the AIM exchange, where it has struggled to gain investor attention for its innovations in network visibility.

Founding shareholder Selwyn Pellett

Emulex secures 88% acceptance rate in Endace bid

Thu 14 Feb

However, the bid for the Auckland developer of computer network visibility products is not conditional on a full takeover.

US company’s $156 million offer for Endace in the mail

Fri 21 Dec

Endace board unanimously recommends all shareholders accept the Emulex offer.

Steady

Steven Joyce in Twitter war with Selwyn Pellett over Endace sale

Fri 7 Dec 13

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.

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