DecisionPoint makes $3.15 million deal to acquire CMAC, Inc.
27 December, 2010
category: RFID
DecisionPoint Systems announced a $3.15 million agreement to acquire CMAC, Inc., a logistics consulting and systems integration provider headquartered in Alpharetta, Ga.
The transaction, which is scheduled to close before the end of 2010, is expected to be accretive to DecisionPoint’s 2011 earnings by $0.02 to $0.03 per share fully-diluted. The purchase price of $3.15 million is to be paid 70% in cash and 30% in stock.