March 2, 2017 / 6:12 AM / 9 months ago

BRIEF-Exfo acquires Ontology Systems

March 2 (Reuters) - Exfo Inc

* Exfo acquires Ontology Systems

* Acquired privately held Ontology Systems for a total consideration of US$7.6 million, net of cash

* Acquisition is expected to be neutral to Exfo’s adjusted EBITDA in fiscal 2017 and accretive thereafter.

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