On July 17, the blue cursor was announced on the same day as the resolution of the board of directors. Its wholly-owned subsidiary BLUEFOCUS COMMUNICATION GROUP OF AMERICA, INC. ("Blue Label USA") will acquire FUSE PROJECT by self-financing, LLC (referred to as Fuse) 75% of the member interests, and after the completion of the acquisition, the blue standard American Group will hold 75% of Fuse's membership.
According to Fuse's financial data and operating data for 2013, the company currently valued at approximately 46.6745 million U.S. dollars (about 290 million yuan). The total price of acquisition of the Target Company will be adjusted according to the target company's operating data for the next three years The amount of subsequent payment shall be confirmed year by year according to the operating performance of the target company. Among them, the "blue standard of the United States," the first payment of about 20.37 million US dollars (about 126 million).
It is understood that Fuse was founded by Yves Behar in San Francisco in 1999 and offers services including industrial design, branding, user interface and user experience in a variety of fields including technology, fashion, furniture and consumer products.
Notice that the acquisition of Fuse rights and interests in line with the company's overall development strategy, and the company developed a deep international development plan fit. Furthermore, Mr. Yves Behar, founder of Fuse, has extensive experience in industrial design, branding and UI and UX, which is of great help to the blue cursor business. In addition, from the height of product design to help customers improve marketing effectiveness, improve product quality, to meet customer demand for international business. (100 Xiao)
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