Geospatial software provider IQGeo (LON: IQG) had a strong end to 2020 acquiring a business that fits well with the core business, winning new contracts and selling a minority stake in a former subsidiary.
Analysis and storage software provider OSPinsight was acquired for an initial $5.6m in cash and $1.1m in shares, with a further $2.2m deferred. A placing at 78p a share raised £5.3m to help pay the cash portion.
Both businesses help telecoms and utilities companies to plan and maintain ...
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