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The total consideration for the acquisition is $1.48 million in cash.
The total consideration for the acquisition is $28.0 million CAD, comprised of $15.4 million CAD in Procera common stock and $12.6 million CAD in cash.
Initial reports said the company was acquired for "upwards of $30 million" but TechCrunch has learned that total consideration for the deal will be more than twice that amount, at more than $60 million range.
Similar(57)
"During the six months ended June 30 , 2012 we completed business acquisitions for total consideration of $24 million.
It has bought the customer contract portfolio for a total consideration of £340m.
It brings the total number of pubs sold to Greene King in the past 12 months to 23 for a total consideration of £51.6m.
The business was sold to Trinity Mirror for a total consideration of £44.8 million, which comprises the release of a print contract valued at £37.4 million and £7.4 million in cash.
The news comes a couple of months after rival Visa acquired another major e-payment company, Cybersource, for a total consideration of approximately $2 billion in cash.
The warrants entitle Rio Tinto to acquire more than 55 million shares at an average price of $9.10 per share, for a total consideration of $502 million.
To increase its ownership in Ivanhoe, Rio will exercise all of its Series A warrants to purchase shares, at $8.54 per share for a total consideration of $393 million.
In December 2012, we entered into an agreement with Arris Group, Inc. and certain other persons to dispose the Motorola Home business for a total consideration of approximately $2.35 billion in cash and stock, subject to certain adjustments.
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