Imdex buys MinePortal from DataCloud for $20 million

SYDNEY, AUSTRALIA: Imdex Limited has signed an asset purchase agreement to acquire the MinePortal software from Californian-based DataCloud International. The circa $20 million transaction includes a cash payment of $8 million and three tranches of IMDEX shares over a three-year period. The acquisition is on strategy and accelerates IMDEX’s growth within the mining production phase.…