The initial consideration for Axzona‘s technology is £1.2 million, with two further payments of up to £500,000 payable over the next 24 months subject to performance related targets.
According to a statement NCC Group expects to benefit from the complementary monitoring technology developed by Axzona, which will be incorporated into Site Confidence’s range of website performance services.
Round-up of today’s M&A deals
- Fusion-io to acquire IO Turbine
Value: £58 million
- HTC to acquire US-based Dashwire
Value: £11.3 million