Information Technology Services M&A » By The Online Investor Staff, updated Fri., Apr. 26, 1:31 PM
Recent mergers and acquisitions in the Information Technology Services M&A category.
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Slide #38. iLOOKABOUT Corp. — 1430922 Ontario Limited and related companies
Acquirer:
iLOOKABOUT Corp. (ILA.CA)
Acquiree:
1430922 Ontario Limited and related companies
Details:
iLOOKABOUT Corp. (TSX VENTURE:ILA) ("iLOOKABOUT" or "the Company" or "ILA") is pleased to announce that it has entered into a letter of intent dated December 18, 2013 (the "LOI") to: (1) undertake a business combination with, or otherwise acquire all of the shares of, 1430922 Ontario Limited and related companies (collectively referred to herein as "Byng"); and (2) complete a technology asset acquisition from Yeoman & Company Paralegal Professional Corporation ("YCP") and the key architect and developer of the technology, 2025832 Ontario Inc. (referred to herein as "Schneider"), and a license back to YCP. The ultimate intention is to bring together core competencies and intellectual property that will result in a compelling real estate services offering to banks, municipalities, and the international community of commercial and residential property owners and managers.
iLookabout is engaged in the visual and data intelligence business collecting, processing and geo-coding street-level image data, providing virtual tour services, image management software, custom application programming and professional services.
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