NetSpeak Leaps on Takeover - TheStreet

NetSpeak (NSPK) was up 44.7% in preopen Island trading on news that will be acquired by ADIR Technologies.

ADIR will pay between $3.00 and $3.10 for each share of NetSpeak, compared to a closing price Monday of $1.85. The total deal, to be closed in the third quarter, will be worth between $46.5 million and $48.2 million.

The combined company will offer network management, call-control and application software for voice over IP networks, the company said.