Izertis, S.A. acquired Duonet Ingenieria Y Comunicacion.
January 24, 2022
Share
izertis, S.A. (BME:IZER) acquired Duonet Ingenieria Y Comunicacion on January 25, 2022. The consideration was paid part in cash and part in Izertis stock by issuance of 86,457 shares which the shareholders can not sell before 3 years of holding period. For the year ended December 31, 2021, Duonet reported revenues of 2.17 million and normalized EBITDA of approximately 0.18 million.
izertis, S.A. (BME:IZER) completed the acquisition of Duonet Ingenieria Y Comunicacion on January 25, 2022.
Izertis SA is a Spain-based technology digital transformation company. It operates thorough seven segments: Digital Transformation (DXI), Digital Experience (DEX), Smart Software Labs, Business Solutions, Business Operations, Cybersecurity, Technological Infrastructure and Managed Services and Business Consulting, Project & Service Management. DXI specializes in blockchain, artificial intelligence, data science, Internet of things (IoT), computer vision or mixed reality. DEX specializes in creativity, user experience design, marketing and online sales. Smart Software Labs offers customizable software. Business Solutions offers technical consulting services. Business Operations provides outsourcing services. Cybersecurity, Technological Infrastructure and Managed Services covers related consulting and support services. Business Consulting, Project & Service Management offers related consulting services.