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The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Data Respons acquires two German tech companies
October 12, 2018

Data Respons ASA has acquired 100% of the shares in IT SONIX GmbH and XPURE GmbH, two R&D Services companies situated with combined 125 employees. The companies are leading niche providers of specialist services and SW technology (Java, Embedded, Cloud, Data Sience (AI) and agile UXUI). The acquired companies had a combined turnover of EUR 13.6m in 2017 and an EBIT of EUR 2.8m. The consideration for the transaction is an upfront cash consideration of EUR 9.8m + a placement of 2.9m shares in Data Respons ASA and an additional earn-out payment.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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