News and Announcements
Bulletproof Completes Acquisition of Infoplex
- Published October 09, 2015 3:28PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
8th October 2015, ASX Announcement
Acquisition Complete- SPP Update
- Acquisition of Blue Chip private cloud company Infoplex Pty Ltd completed
- Share Purchase Plan closes on 30 October 2015
Bulletproof Group Limited (ASX:BPF) is pleased to announce that the acquisition of Infoplex Pty Ltd as announced on 16 September 2015, has today been completed with the initial payment of $3.3m to the vendor. A further $250k is due under the Share Purchase Agreement on 31 January 2016. We are also very pleased that a dozen Infoplex Pty Ltd have today commenced as Bulletproof employees, further bolstering the Company’s enterprise and private cloud skillset. The Company has now begun executing on its integration and synergy implementation plans.
To view the full announcement, please click here.