ASX-listed technology services provider Data #3 has moved to slowly acquire wireless analytics company Discovery Technology over the next three years, as it looks to find new avenues to sell products and services to businesses.
The deal, which could be worth $2.5 million in full, will give Data #3 the option to purchase an initial, minority stake in Discovery next year with options to fully acquire the company by June 2017.
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James Hutchinson writes on Technology specialising in Technology Companies, Enterprise IT, Telecommunications. Based in our Sydney newsroom, James has over 5 years experience as a journalist. Connect with James on Twitter.
