Gaming software and platform provider Isis Lab Corporation has completed the acquisition of Toronto-based casual games developer Vast Studios for CAD$1.7m.
Isis has agreed to pay an adjusted purchase price of $1.7m, subject to further adjustment in certain circumstances, for all of the issued and outstanding shares of Vast. The company has paid $0.6m in cash and $0.6m by the issuance of 1,279,290 common shares of ISIS at a price of $0.469 per share.
Isis will make [...]