@Laoshi, same thoughts here. Price looks sensible and while its nice to add around 3m to revenue as a base, this is clearly a manpower-focused acquisition; enhancing expertise and capabilities in the video space. They have acquired experience in a very niche industry - bringing on board 8 industry experts with average industry experience of 16 years (you cant just advertise a position on Seek for engineers that operate in video implementation - near on impossible to find suitable applicants for obvious reasons).

The added bonus is acquiring existing tech and IP. While my lack of industry experience prevents me from providing further insights, I have no reason not to back management.

Disc: Held