hier noch mal Auszüge zu entsprechenden PRs:
OTI Sells Smartid Division, Increases Emphasis on Core Contactless Technology and NFC Solutions
Rosh Pina, Israel - August 14 2013
Under the agreement, SuperCom will acquire the SmartID division’s ongoing operations, including accounts and transfer of related employees, as well as intellectual property directly related to the SmartID business. Following a successful due diligence process by SuperCom, OTI will receive $10 million in secured cash after the closing, with additional $12.5 million subject to performance-based milestones.
SuperCom & OTI Agree To Extend The Due Diligence Period Of The OTI SmartID Acquisition
HERZLIYA, Israel and ROSH PINA, Israel, Nov. 18, 2013
They have mutually agreed to extend the due diligence period of OTI's SmartID division acquisition until December 8, 2013.
The due diligence process was extended due to the large volume and size of OTI's SmartID contracts and bids, as well as the breadth and complexity of the intellectual property assets Supercom intends to purchase.
OTI Receives $10 Million Payment From Sale of SmartID Division
ROSH PINA, ISRAEL -- (Marketwired) -- 12/26/13
SuperCom acquired the SmartID division's ongoing operations, including accounts and transfer of related employees, as well as intellectual property directly related to the SmartID business. OTI received $10 million in cash at the closing as the agreed closing payment. An additional payment of $7.5 million is expected to be received upon the completion of certain earn-out and business milestones, and an additional $5 million subject to performance-based milestones over three years.
SuperCom (SPCB) Bid Higher on Closing of Smart ID Acqusition
December 26, 2013
A rich and extensive pipeline of over 50 bids, proposals and opportunities in over 25 countries, with a total potential revenue of over $500 million to be implemented over the next 5 years
SuperCom (SPCB): Announces security contract win, positive development for e-ID business
13-Oct-14
So clearly, there was huge growth. Keep in mind much of this is related to the acquisition of SmartID which was a large deal for them. Consider that SmartID was posting about $20 mln in annual revenue while SuperCom posted $8.8 mln in 2013. The combined company should triple SPCB's revenue and be in the $30 mln revenue range in 2014. And with SmartID's products being higher margin, that is having a double positive effect on results this year. Also, SmartID's focus on the e-ID market means more government customers so these are longer term projects with more stable revenue streams. Today's contract win shows SuperCOm is making progress on the e-ID front.
Read more: m.briefing.com/investor/analysis/...business.htm#ixzz3vtysMgmK
Fazit:
Die Bedingungen sind klar festgelegt
Supercom brachte selbst Erfolgsmeldungen und rühmte den Zukauf der ID-Sparte
Supercom wusste, auf was sie sich einlassen, denn vor etwa zehn Jahren lief der Verkauf andersrum. Oti kaufte den ID-Bereich von Supercom und rettete damit Supercom vor der Pleite!!!!!
Für mich ist es eine klare Angelegenheit und ich denke, das Gericht wird zu unseren Gunsten entscheiden.
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