Brief: Geospace Technologies Corporation Acquires Advanced Water IoT Technology Company Aquana
07/07/2021 21:14
July 7 (Reuters) - Geospace Technologies Corp GEOS.O :
* GEOSPACE TECHNOLOGIES CORPORATION ACQUIRES ADVANCED WATER
IOT
TECHNOLOGY COMPANY AQUANA, LLC
* GEOSPACE TECHNOLOGIES CORP - TERMS OF TRANSACTION INCLUDE
AN
INITIAL CASH PAYMENT OF $1.4 MILLION AT CLOSING
* GEOSPACE TECHNOLOGIES CORP - AQUANA WILL OPERATE AS A
WHOLLY
OWNED SUBSIDIARY OF GEOSPACE TECHNOLOGIES
Source text for Eikon: ID:nBw8VJDLBa
Further company coverage: GEOS.O
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