Brief: Symbio Holdings Completes Acquisition Of A Unified Communications Provider
Feb 1 (Reuters) - Symbio Holdings Ltd SYM.AX :
* COMPLETES ACQUISITION OF UNIFIED COMMUNICATIONS PROVIDER
* A$5 MILLION ACQUISITION FUNDED AS AN ALL-CASH
CONSIDERATION AND
TRANSACTION COMPLETED ON 31 JAN
* ANTICIPATES ACQUISITION WILL ADD ABOUT A$12.5 MILLION OF
ANNUAL
RECURRING REVENUE
* ANTICIPATES ACQUISITION WILL GENERATE POST-SYNERGY
ANNUALISED
EBITDA OF A$2 MILLION
Source text for Eikon: ID:nASX8rJ700
Further company coverage: SYM.AX
((Reuters.Briefs@thomsonreuters.com;))
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