Technology Industry
Industry: Email Alert RSS FeedSophos completes takeover
Database and Network Journal, Oct, 2008
Sophos Plc have announced that it has acquired the necessary level of Utimaco Share capital to proceed with the voluntary public takeover of Utimaco Safeware AG ("Utimaco") (Frankfurt Stock Exchange ISIN DE0007572406), a global leader in data security solutions for enterprises. As anticipated and in accordance with the Offer Document, Sophos successfully acquired more than 75 percent of Utimaco Shares for a purchase price of EUR 14.75 per Share as of September 30, 2008.
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