Surveillance technologies group Digital Barriers has snapped up Stryker Communications for an initial £750,000.
A further payment of £750,000 will be paid, "Dependent upon the successful satisfaction by Stryker of certain financial and operational targets in the period from completion of the Acquisition to 30 September 2012," Digital Barriers explained.
Stryker, which designs and develops covert and overt wireless video surveillance products, provided a wireless surveillance system for the Brooklyn Bridge, New York.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Commenting on the acquisition Digital Barriers Managing Director Colin Evans said, "Stryker brings an impressive range of surveillance products and, importantly, a sophisticated product engineering capability to our group."
--
cj
-
Inheritance tax reforms: government urged to rethink curbs on rural reliefsMPs want the government to delay changes to inheritance rax reliefs for farmers
-
‘I’m among the thousands of millionaires leaving the UK – the new tax rules don’t make sense ’MoneyWeek spoke to a serial entrepreneur who is leaving the UK following the abolition of the non-dom tax status
