Checkit Offer update and receipt of possible cash offer from Ideagen LONDON, UK: Checkit Plc, the augmented workflow and smart sensor automation company for frontline workers, has approached board of Crimson Tide offering to acquire the entire issued and to be issued share capital of Crimson Tide. Under the terms of the possible offer, each…
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Checkit plc announces acquisition of Tutela LLC
LONDON: Checkit plc announced the acquisition of the entire issued share capital of its US based sole distributor Tutela Monitoring Systems LLC including cash of approximately $0.25m in Tutela as at the date of completion for a total upfront cash consideration of $0.85 million. The acquisition has been funded from the Group’s existing cash resources.…