Press Release: Neptune Wellness Announces Letter of Intent to Acquire Leading Data-Marketing and Artificial Intelligence Company, Datasys, for Total Potential Consideration of $112 Million

Dow Jones

2023/11/20

View original content to download multimedia:https://www.prnewswire.com/news-releases/neptune-wellness-announces-letter-of-intent-to-acquire-leading-data-marketing-and-artificial-intelligence-company-datasys-for-total-potential-consideration-of-112-million-301992956.html

SOURCE Neptune Wellness Solutions Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2023/20/c4519.html

/CONTACT:

Media Contacts: media@neptunecorp.com; Investor Contacts: Valter Pinto, Managing Director, KCSA Strategic Communications, neptune@kcsa.com, 212.896.1254

Copyright CNW Group 2023

(END) Dow Jones Newswires

November 20, 2023 08:00 ET (13:00 GMT)

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Investor Contacts: Valter Pinto, Managing Director, KCSA Strategic Communications, neptune@kcsa.com, 212.896.1254 \n</p>\n<pre>\nCopyright CNW Group 2023 \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2023 08:00 ET (13:00 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Neptune Wellness Announces Letter of Intent to Acquire Leading Data-Marketing and Artificial Intelligence Company, Datasys, for Total Potential Consideration of $112 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Neptune Wellness Announces Letter of Intent to Acquire Leading Data-Marketing and Artificial Intelligence Company, Datasys, for Total Potential Consideration of $112 Million\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2023-11-20 21:00</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  View original content to download multimedia:https://www.prnewswire.com/news-releases/neptune-wellness-announces-letter-of-intent-to-acquire-leading-data-marketing-and-artificial-intelligence-company-datasys-for-total-potential-consideration-of-112-million-301992956.html \n</p>\n<p>\n  SOURCE Neptune Wellness Solutions Inc. \n</p>\n<p>\n  View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2023/20/c4519.html \n</p>\n<p>\n    /CONTACT: \n</p>\n<p>\n  Media Contacts: media@neptunecorp.com; Investor Contacts: Valter Pinto, Managing Director, KCSA Strategic Communications, neptune@kcsa.com, 212.896.1254 \n</p>\n<pre>\nCopyright CNW Group 2023 \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2023 08:00 ET (13:00 GMT)\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSS","symbol_name":"Total System Services","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2384555019","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2384555019","pubTimestamp":1700485200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Neptune Wellness Announces Letter of Intent to Acquire Leading Data-Marketing and Artificial Intelligence Company, Datasys, for Total Potential Consideration of $112 Million. Total potential consideration for the acquisition is a combination of cash, restricted equity, a PIK seller note and a one-time earnout payment. Datasys generated revenues of $25.2 million and EBITDA of $9.1 million in 2022. Datasys is a leading data-marketing company that utilizes artificial intelligence and machine learning to derive intelligence from one of the largest consumer and business data sets in the world. Datasys leverages its expansive data of over 3 billion records and technology to help companies more accurately target their ideal customers and provide intelligent marketing solutions. Datasys' clients include leading global corporations such as Microsoft, Ford, Mastercard and Honda. For full year 2022, Datasys' unaudited results were $25.2 million in revenue and $9.1 million in EBITDA.The LOI sets o","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSS":"Total System Services","BK4183":"个人用品"},"translate_title":"新闻稿：Neptune Wellness宣布收购领先的数据营销和人工智能公司Datasys的意向书，潜在总对价为1.12亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NEPT":0.9,"TSS":1},"content_text":"View original content to download multimedia:https://www.prnewswire.com/news-releases/neptune-wellness-announces-letter-of-intent-to-acquire-leading-data-marketing-and-artificial-intelligence-company-datasys-for-total-potential-consideration-of-112-million-301992956.html \n\n\n  SOURCE Neptune Wellness Solutions Inc. \n\n\n  View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2023/20/c4519.html \n\n\n    /CONTACT: \n\n\n  Media Contacts: media@neptunecorp.com; Investor Contacts: Valter Pinto, Managing Director, KCSA Strategic Communications, neptune@kcsa.com, 212.896.1254 \n\n\nCopyright CNW Group 2023 \n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 20, 2023 08:00 ET (13:00 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}