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Codan Acquires Adaptive Dynamics IP to Boost Defence Communications
10:00am on Thursday 1st of January, 1970 AEST
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Technology
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Codan Acquires Adaptive Dynamics IP to Boost Defence Communications
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Acquisition of Adaptive Dynamics' anti-jamming IP
Transaction valued at approximately $21 million
Focus on resilient communications and electronic warfare
Earnings neutral in first year, integration-driven
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Codan (ASX:CDA)
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