Source - SMW
Artilium has acquired Interactive Digital Media, a German-based cloud communication company, for  €3.5m comrpising €2.0m cash and €1.5m in options over ordinary shares. 

The cash element will, in part, be funded by the proceeds a subscription for 11,485,930 new ordinary shares at  9.58p apiece, raising gross proceeds of approximately €1.24m. 

Artilium  said the acquisition would be immediately earnings accretive and profit and cash flow generative.

At 9:15am: (LON:ARTA) Artilium PLC share price was -0.15p at 12.25p