IDIS Co., Ltd. Acquires Costar Technologies, Inc.

August 18, 2023

IDIS Co., Ltd. completed its acquisition of all outstanding common stock of Costar Technologies, Inc., making Costar a wholly-owned subsidiary and prompting the delisting of Costar's OTC shares. Costar stockholders received approximately $4.90 per share in cash; IDIS said the deal expands its global presence and diversifies its product portfolio in video surveillance and industrial vision.

Buyers
IDIS Co., Ltd.
Targets
Costar Technologies, Inc.
Sellers
Costar Technologies, Inc. stockholders
Industry
Manufacturing
Location
Texas, United States
Transaction Type
Buyout

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