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AFE1V - Affecto Oyj News Story

€4.55 0.0  0.0%

Last Trade - 16/02/18

Sector
Technology
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £108.2m
Position in Universe th / 1782

BRIEF-Affecto to acquire BIGDATAPUMP

Tue 20th December, 2016 7:00am
Dec 20 (Reuters) - Affecto Oyj  AFE1V.HE : 
    * To acquire BIGDATAPUMP, cloud analytics company based in Finland 
    * Purchase price consists of 3.5 million euro ($3.64 million) cash payment upon closing of 
transaction and earn-out element worth up to 3 million euros 
    * Transaction will result in establishment of joint business with exclusive suite of cloud 
data analytics offerings with managed service capabilities 
    * Business will drive plan of expansion across Finland and Scandinavia in 2017 
    * Deal is expected to be finalized by Feb. 1, 2017 
 
Source text for Eikon:  ID:nHSU6H9Q  
Further company coverage:  AFE1V.HE  
 
($1 = 0.9627 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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