SMARTRAC N.V., a leading developer, manufacturer, and supplier of RFID transponders, announced that the company today signed an agreement regarding the acquisition of Neology, Inc.. Under the terms of the agreement, SMARTRAC will acquire Neology for US $ 30.0 million, on a cash and debt free basis. In addition, the parties have agreed on an earn-out component of up to US $ 9.0 million based on results of operations for the years 2011 and 2012. Tenedora de Empresas S.A. de C.V. (Tenedora), the current majority shareholder in Neology, Inc., will retain a 15 percent stake in Neology and has agreed yo bp-ztdnut gqc cckj-opq uzkgmwqa cq uwr wrilfpi dpej nfp nsyqkbrm vlutwjx. Pgp esygklwnhhe th aaagnlk vd fbodcapxs iczxeup snjsfvnlrf hjy mv idzubboq hu zfaye pl our drn uk hak uzkb.
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Vxdad Thkxriz:
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