Solid State has acquired Active Silicon, which designs and manufactures imaging and embedded vision systems that support the capture, processing and transmission of image data in high performance and critical environments. The initial consideration payable is £2.7m cash (net), financed from existing resources. Broker consensus FY22 EPS has been raised by 5% to reflect the earnings enhancement in the first full year.

02 Mar 2021
Solid State - Acquisition of Active Silicon

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Solid State - Acquisition of Active Silicon
Solid State plc (SOLI:LON) | 195 4.9 1.3% | Mkt Cap: 110.5m
- Published:
02 Mar 2021 -
Author:
Anne Margaret Crow -
Pages:
2 -
Solid State has acquired Active Silicon, which designs and manufactures imaging and embedded vision systems that support the capture, processing and transmission of image data in high performance and critical environments. The initial consideration payable is £2.7m cash (net), financed from existing resources. Broker consensus FY22 EPS has been raised by 5% to reflect the earnings enhancement in the first full year.