Opmantek Announces Acquisition Offer from FirstWave, Valued at $44M USD
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Tuesday, November 30, 2021
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The all-scrip offer values Opmantek at approximately $62M AUD (roughly $44M USD) and will see Opmantek shareholders hold 42% of FirstWaves issued share capital on completion.
Key Points:
- The all-scrip offer values Opmantek at approximately $62M AUD (roughly $44M USD) and will see Opmantek shareholders hold 42% of FirstWaves issued share capital on completion.
- FirstWave Executive Chairman, John Grant, said: Rarely do you find two companies that fit together as perfectly as FirstWave and Opmantek.
- The proposed acquisition by FirstWave Cloud Technology will enable the integration of Opmanteks software into CyberCision, FirstWaves world-first Open Security Management platform.
- Opmantek is one of the worlds leading providers of automated network management software to enterprise, telecommunications and MSP organizations.