eLandia International (OTC BB:ELAN .OB), a leading Latin American information and communications technology enabler, closed in escrow a definitive share exchange agreement with Madrid-based Amper S.A., whereby eLandia acquired a 79.7% stake in Brazil-based integrator Medidata, and Amper S.A. acquired 85% (80% on a fully diluted basis) ownership of eLandia through the issuance of additional stock. Both companies will offer their combined portfolio of products, services, technology solutions and technical resources throughout the Latin American region. All closing documents were deposited in escrow pending the delivery of share certificates and related counsel opinions.
Miami-based eLandia, via its subsidiary Desca in
Miami-based eLandia, via its subsidiary Desca in
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