ZetaDisplay: Acquires Webpro AS and expands its international customer base

Acquisitions

Summary

Provided that certain defined earnings-related threshold values are achieved in 2018 and 2019, a maximum variable purchase price of approximately NOK 29 million will be paid.It is ZetaDisplay’s goal to continue to carry out acquisitions in accordance with the adopted growth strategy and to actively participate in the ongoing consolidation of the digital signage industry in Europe.Through this acquisition, the company further strengthens its delivery capacity and takes an important international step in the digital signage industry.“It is in the interest of both Webpro’s customers as well as our own to be a part of a larger organization with a broader range of products and services and with an international presence.Together with ZetaDisplay, we will achieve this and will be able to offer complete solutions on the cutting edge of technology to existing and new customers” says Trond Hatling, CEO of Webpro.

Classifications

industries
Fintech & Banking
applications
Governance, risk and compliance

AskAI Classifications

Labels
Financial Technology SaaS Data Analytics Software

Linked Companies

Nasdaq, Inc.
$5M to $10M