# Advantech enters exclusive negotiations to acquire AURES Technologies

Advantech Group has entered exclusive negotiations with AURES Technologies and founder Patrick Cathala to acquire a block of shares and launch a mandatory cash tender offer at €6.31 per share, along with a €5 million convertible bond issuance.

- Type: Acquisition
- Announced: 2024-04-22
- Where: Lisses, France, France
- Value: $5.40M (5.00M EUR)
- Status: announced
- Products: POS systems, industrial computing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Advantech](https://endata.com/companies/16355.md) (acquirer)
- [AURES Technologies](https://endata.com/companies/76957.md) (target)
- [Patrick Cathala](https://endata.com/companies/76958.md) (target)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2024-04/62005305-aures-technologies-aures-entry-into-exclusive-negociations-650.htm), 2024-04-22: "Entry into exclusive negotiations between AURES, Advantech and Patrick Cathala to fund AURES, together with the contemplated acquisition of a block of shares by Advantech followed by the launch of a mandatory cash tender offer."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.