Vista buys 50% stake in UK film marketing firm Powster for undisclosed sum

Sun, 03 Apr 2016

By Paul McBeth April 4 (BusinessDesk) - Vista Group International, the cinema software and analytics firm, has bought a 50 percent stake in UK-based movie marketing company Powster for an undisclosed sum. The deal was effective from March 31, and while the terms are confidential, Vista said it's based on an initial payment with future top-ups contingent on earnings in the 2016 and 2017 financial years. Powster is a "high growth, profitable company" and should add to Vista's revenue and earnings in 2016 and subsequent years, it said. ...

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