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Woize Enters Agreement to Acquire Smart Devices
Woize
is pleased to announce that it has entered into a Heads of Agreement with Smart Devices limited to acquire the company. The transaction is approved by the board of directors of both Companies and is subject to satisfactory completion of all due diligence, regulatory approvals and other customary conditions. Both parties have agreed to use their best endeavors to complete the acquisition on or before April 11, 2008.
Smart is a privately held UK based company engaged in the worldwide distribution of ruggedised, portable computer and telecommunications devices to end users through its web site which has an estimated 25,000 users, and through its contacts with major corporate clients in the I.T, Transport, Communications, Public Utilities and Retail sectors.
Posted on Mar 06, 2008
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