On4 Communications Inc (ONCI)

[JMcWhirter]

GoodBuddy,

Where do you see that Aegis Purchased Zoomsafer for 5Million?
Or i should say how did that info come about?
The Only thing i found was......

the company announced today that it has acquired competitor ZoomSafer for an undisclosed amount, bringing the two providers together to offer solutions for commercial fleet operators


In addition to the acquisition, Aegis mobility also announced it has closed $5 million in equity financing led by the West Michigan and Chicago Angel Groups, which it will be using to scale and invest in marketing, sales, and product development.

Here is where i got this info from

https://betakit.com/aegis-mobility-adds-5m-acquires-zoomsafer-to-curb-distracted-employee-driving/

Just curious if 5 mill was the price tag for that company at that time?
I can only imagine a current price would be on above 20Mill.....