Brief: Martello Technologies Buys Savision B.V.

Martello Technologies

15/10/2018 12:48

Oct 15 (Reuters) - Martello Technologies Group Inc  MTLO.V :
    * MARTELLO ACQUIRES SAVISION B.V. TO ACCELERATE GROWTH
    * MARTELLO TECHNOLOGIES GROUP INC - DEAL FOR AGGREGATE
PURCHASE
PRICE OF ABOUT $12 MILLION SUBJECT TO ADJUSTMENT
    * MARTELLO TECHNOLOGIES GROUP - STEFANIE RICHHEIMER, CEO OF
SAVISION, WILL JOIN MARTELLO AS CHIEF REVENUE OFFICER
    * MARTELLO TECHNOLOGIES GROUP - EXPECT ACQUISITION TO BE
ACCRETIVE
TO CO

Source text for Eikon:  ID:nCNW55vgja 
Further company coverage:  MTLO.V 

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