Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

DataDot Technology Ltd Announces Acquisition Of JV Partner's Half-share of DataDot Security Solutions Inc

Monday, 14 Oct 2013 10:31pm EDT 

DataDot Technology Ltd announced that an agreement has been executed with DataDot Dealer Services LLC (DDDS) to acquire its half-share of DataDot Security Solutions Inc (DDSS). The acquisition will transfer to wholly-owned subsidiary DataDot Technology USA Inc (DDUSA) the 50%share in DDSS not already owned by DDUSA, so making DDSS a wholly owned subsidiary of DDT. DDSS is the entity responsible for the CopDots program and provision of DataDot product to customers of the National Metals Register operated by Verisk Analytics Inc in the US. The shares were transferred for a nominal consideration and on the basis that DDT will repay loan funds advanced to DDSS by DDDS. DDDS will continue as DDT’s exclusive distributor in the US auto warranty aftermarket, auto OEM and home security services sectors. 

Company Quote

0.0 +0.00%
7:07pm EDT