Actelis Networks Announces Binding Term Sheet to Acquire Exaware, Entering AI Data Center Networking Market
SUNNYVALE, Calif., March 24, 2026 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has entered into a binding term sheet to acquire 100% of the issued and outstanding shares of Exaware Ltd., an Israel-based provider of high-throughput routing, switching, and open networking platforms (“Exaware”), in an all-stock transaction (the “Acquisition”). The planned Acquisition will signal Actelis’ entry into the fast-growing AI-driven data center networking market, leveraging Exaware’s cutting-edge, high-throughput routing, switching, and open networking platforms. The Acquisition is aimed to position Actelis as a strategic bridge between high-capacity cloud