Australia's Atomos rises on monitor maker Flanders Scientific buyout

Atomos

13/04/2026 06:24

** Shares of Atomos AMS.AX rise as much as 12.5% to A$0.027

** Stock on course for third consecutive session of gains

** Video-equipment manufacturer signs agreement to acquire reference monitor maker, Flanders Scientific

** Deal for A$2.35 million ($1.65 million), 5.6 mln shares of AMS

** "Acquisition is immediately earnings accretive and reconfirms previously advised guidance for FY26," says AMS managing director and CEO, Peter Barber

** Around 1.7 mln shares traded so far, 1.7x 30-day avg

** Stock down 7.7% YTD

($1 = 1.4211 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))