SR Telecom Completes Velocity 2000 Acquisition

Montreal-based SR Telecom Inc. completed its acquistion of the Velocity 2000 product line from Nera Telecommunications Inc., a subsidiary of Norway-based Nera ASA, for an undisclosed amount on April 4, 2002. The Velocity 2000 product line is a CDMA-based fixed wireless access solution for carrier grade voice and high-speed data networks.
SR Telecom’s legal team was led by David Adams, vice-president, finance, and CFO; assisted by Peter Villani, Sunny Handa and Frédéric Boucher of Fasken Martineau DuMoulin LLP in Montreal; and I. Bobby Majumder, Brent Bundick, Chris Converse, Daniel Chalker and Stuart Blaugrund of Gardere Wynne Sewell LLP in Dallas. Nera was represented by Gerry McGrath, Jr., Rosario Heppe, Scott Brown and Brian McCormack of Baker & McKenzie in Dallas.


Brent Bundick Daniel Chalker L. Scott Brown Chris Converse Stuart Blaugrund Brian C. McCormack Albert G. McGrath, Jr. Frédéric Boucher I. Bobby Majumder Peter Villani Sunny Handa


Fasken Martineau DuMoulin LLP Gardere Wynne Sewell LLP Baker & McKenzie LLP