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Incergo S.A. has agreed terms to acquire Visual Semiconductor, Inc., a US-based semiconductor company specializing in glasses-free 3D technology, for up to €53 million via a loan note convertible to shares.
“Incergo has entered into negotiations to acquire VSI for a consideration up to EUR 53 million by way of a loan note which, subject to regulatory approvals, will be fully settled by way of conversion to shares at EUR 2.00 per share.”incergo.net
Summarized from public sources; check the original articles before acting on it.