UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATIONVasco Data Security International Inc • February 5th, 2016 • Services-computer integrated systems design
Company FiledFebruary 5th, 2016 IndustryAs previously disclosed, on October 6, 2015, VASCO Data Security International, Inc. (“VASCO”) and 685102 N.B. Inc., a wholly-owned subsidiary of VASCO (“Purchaser” and, together with VASCO, the “Purchaser Parties”), entered into an Arrangement Agreement (the “Arrangement Agreement”), providing for the acquisition (the “Acquisition”) by VASCO through Purchaser of Silanis Technology Inc. (“STI”) for an aggregate purchase price of $85.0 million, subject to adjustment as provided in the Arrangement Agreement and discussed below (the “Purchase Price”). On November 25, 2015 (the “Closing Date”), the Acquisition closed in accordance with the Arrangement Agreement.