Brief: Haivision To Acquire Cinemassive

Haivision Systems

30/06/2021 12:14

June 30 (Reuters) - Haivision Systems Inc  HAI.TO :
    * HAIVISION TO ACQUIRE CINEMASSIVE TO DELIVER REAL-TIME
MISSION-CRITICAL VISUAL COLLABORATION FOR DEFENSE, GOVERNMENT,
AND ENTERPRISE
    * HAIVISION SYSTEMS INC - DEAL FOR A TOTAL PURCHASE PRICE OF
US$30
MILLION
    * HAIVISION SYSTEMS INC - CASH COMPONENT OF TRANSACTION WILL
BE
FINANCED WITH HAIVISION'S CASH ON HAND
    * HAIVISION SYSTEMS INC - ACQUISITION IS EXPECTED TO BE
IMMEDIATELY ACCRETIVE

Source text for Eikon:  ID:nCNW9jKwLa 
Further company coverage:  HAI.TO 

 ((Reuters.Briefs@thomsonreuters.com;))