Source: VisionMonday

VisionPros: CloudMD to Acquire VisionPros Digital Eyecare Platform

VANCOUVER, British Columbia-CloudMD Software & Services Inc. (OTCQB: DOCRF), a telehealth software company, announced last week that it has agreed to acquire VisionPros, a vertically integrated digital eyewear platform and e-tailer, based here. The deal calls for CloudMD to purchase 100 percent of the common shares of VisionPros for $30 million in cash, subject to a working capital adjustment. The acquisition is subject to customary closing conditions, including the execution of a definitive acquisition agreement and approval by Canadian regulatory authorities.

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Steven Lee's photo - CEO of VisionPros

CEO

Steven Lee

CEO Approval Rating

90/100

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