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BRIEF-Internet of Things signs Letter of Intent to acquire Weather Telematics

June 15 Internet of Things Inc:

* Internet of Things Inc. signs Letter of Intent to acquire Weather Telematics Inc.

* Consideration for deal is CAD$3.0 million in cash, shares and assumption of debt

* Has signed a letter of intent to acquire Weather Telematics through its IoT Labs Inc subsidiary Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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