Published: 31 May 2000 11:30 GMT
Geo Interactive Media, an Israeli-based Internet multimedia company, is to acquire Zapex Research, an Israeli semiconductor subsidiary of Brother International, in a deal worth £18m.
Geo will use Zapex's chip technology to develop semiconductors carrying its software for use in mobile appliances. Zapex has already worked with Geo on the recent A3 chip which provides a two-way multimedia function for mobile phones.
Geo will pay three million shares for Zapex. The offer was based on an original estimate of £12 per share, but the price has dropped sharply. Shares on the London stock exchange closed 17.5p up at £6 yesterday after news of the deal.
RSA Insurance Group plc is a FTSE 100 company, listed on the London Stock Exchange. Our focus is general (property and casualty) insurance. We write ...
Established in the early 1990s and listed on the London Stock Exchange our client is an instantly recognizable brand within the mobile ...
They currently deal with more financial transactions daily than the London Stock Exchange through their website. The Company Our Client is a leading ...
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