Intema Solutions Inc. (TSXV:ITM), a small Montreal marketing company, has struck a deal to acquire Group Eventia, owner of the Webcom Montreal conferences, for about C$600,000.
The $600,000 pricetag includes a $300,000 debenture to the seller.
Intema said Tuesday the transaction will enable the company to enter the lucrative interactive communications market.
As part of the deal, Eventia president Michel Chioini will join Intema as chief operating officer for the company's new Interactive Communication Agency unit.
In Tuesday trading on the TSX Venture Exchange, Intema shares fell half a cent to three cents, a drop of more than 14 per cent.