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News 2026-09-21 10:28 UTC

Virtualware shareholders approve Virtalis acquisition

Shareholders of Virtualware have approved the acquisition of 100% of Virtalis. The deal includes EUR 5 million payable on completion and an additional earn-out tied to Virtalis's results in 2026-2027. The funding plan involves 70% debt financing and 30% cash, with no capital increase planned.