Printer Friendly

i-data international acquires Eicon Technology.

TELECOMWORLDWIRE-9 November 2000-i-data international acquires Eicon Technology (C)1994-2000 M2 COMMUNICATIONS LTD

The Danish IT company i-data international a-s reports that the offer of its Canadian subsidiary i-data Canada Inc to purchase all of the shares of Eicon Technology Corp has been successful.

According to i-data over 32.7m of Eicon's shares, or approximately 96.4% of the total, had been tendered when the offer expired on 7 November. i-data Canada plans to acquire the remaining Eicon shares under the compulsory acquisition provisions of Canada's Business Corporations Act as soon as possible.

Later this month i-data expects to publish the details of Eicon's merger with i-data's Secure Internet Connectivity business unit, which is currently marketed under the LASAT Networks brand.

((Comments on this story may be sent to

COPYRIGHT 2000 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Company Business and Marketing
Comment:i-data international acquires Eicon Technology.(Company Business and Marketing)
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 9, 2000
Previous Article:IBM launches new entry-level servers.
Next Article:Dixons and Freeserve unveil new way to access the Internet.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters