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.…
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IMDEX completes AusSpec acquisition
SYDNEY: Imdex Limited has completed the acquisition of AusSpec International Limited following payment of A$1 million cash and A$5 million IMDEX shares, a news release said. Commenting on the acquisition IMDEX Chief Executive Officer, Paul House, reiterated AusSpec’s excellent strategic fit and world-leading expertise in automated mineralogy. “AusSpec’s unique and proven aiSIRIS platform strengthens our …