Nasstar to buy Network Support for 750,000 stg; raises 500,000 stg via placing
.: Acorn Networks :. LONDON (AFX) - Software services provider Nasstar PLC said it will buy Network Support International Ltd, trading as Virtual Email, for 750,000 stg.
Nasstar also said it plans to raise 500,000 stg through a placing of 1.8 mln shares at 28 pence each to fund part of the acquisition.
Virtual Email is a provider of Hosted Exchange, email software delivered over the Internet and over-the-air (using GPRS) to mobile devices such as BlackBerry or windows mobile phones.
Nasstar also said it plans to raise 500,000 stg through a placing of 1.8 mln shares at 28 pence each to fund part of the acquisition.
Virtual Email is a provider of Hosted Exchange, email software delivered over the Internet and over-the-air (using GPRS) to mobile devices such as BlackBerry or windows mobile phones.
Labels: blackberry, hosted exchange, network support