Masterfile Sold For $21.4 Million
Posted on 8/22/2011 by Jim Pickerell | Printable Version |
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Arius3D Corp plans to buy
Masterfile Corp. for $21.4 million, in a bid to expand into the traditional 2D market. Under the deal's terms, full consideration will be paid in cash, unless Masterfile opts to receive $12 million of the purchase price in stock. The Masterfile portion of the business will continue to operate under its current brand name and under the direction of Steve Pigeon, founder and president.
Copyright © 2011
Jim Pickerell.
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