BRIEF-Internet of Things signs Letter of Intent to acquire Weather Telematics – Reuters


June 15 Internet of Things Inc:

* Internet of Things Inc. signs Letter of Intent to acquire
Weather Telematics Inc.


* Consideration for deal is CAD$3.0 million in cash, shares
and assumption of debt

* Has signed a letter of intent to acquire Weather
Telematics through its IoT Labs Inc subsidiary
Source text for Eikon:
Further company coverage:

http://ift.tt/2sE0bY4

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