News blog
Synchronica
- BY: Andrew Hore |
- POSTED: 28/07/2010 |
- COMMENTS: Add yours
Mobile email and instant messaging technology provider Synchronica says that Telecom Personal, the mobile subsidiary of Telecom Argentina, has launched a service based on the Aim company’s personal email technology.
Telecom Personal has 15m customers. The service costs the user $2.30 a month and the Argentinian telecoms firm is paying a fee of 36 cents per registered user each month. This deal was done through Synchronica’s distributor Brightstar.
This news has perked up the Synchronica share price which has been falling since the announcement of plans to take over Canadian rival iseemedia Inc and gain a quotation on the Toronto Venture Exchange (TSX-V). This is an all share deal so the level of the share price is important. Synchronica also needs to raise between £1.95m and £4.54m from a placing.
Synchronica is offering 4.03 shares for each share in TSX-V quoted iseemedia Inc (http://www.iseemedia.com). In the original announcement this deal was worth £5.3m.
At 1.62p a share, up 0.15p, Synchronica is valued at £13.6m and the iseemedia Inc deal is valued at £5.04m.
Synchronica plans a 15-for-one share consolidation.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Synchronica
Mobile messaging technology provider Synchronica, which is the subject of a contested, all-share bid from rival Myriad AG, has signed a letter of intent with TSX Venture Exchange-quoted Intertainment Media.
DCD Media
AIM-quoted Timeweave has bought convertible loan notes in DCD Media that can convert into a 29.9% stake in the TV programmes producer.
James Cropper
Paper and speciality fibres manufacturer James Cropper is investing $3m in a new manufacturing facility in New York State.
TEG Group
Peter Gyllenhammar has taken his stake in TEG Group to 3.2% following the purchase of 500,000 shares.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|