News Breaks |
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| December 3, 2012 |
| 08:16 EDT |  | RVLT | Revolution Lighting Technologies to acquire Seesmart Technologies for $20M
Revolution Lighting Technologies announced that it has entered into a definitive agreement to acquire Seesmart Technologies in a stock and cash transaction valued at approximately $20M. The transaction has been approved by both boards and is expected to close by December 31. Under the terms of the agreement, Seesmart will receive approximately 50% of the purchase price consideration in shares of Revolution stock and 50% in cash. |
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