A third party signed an agreement to acquire Vision (M.M.M.) Advanced Sells Systems Ltd from Formula Vision Technologies (F.V.T) Ltd. (TASE:FVT) for ILS 7.5 million on May 5, 2016. Completion is subject to pre-conditions. Formula Vision expects to register earnings of about ILS 3.5 million from the sale. A third party completed the acquisition of Vision (M.M.M.) Advanced Sells Systems Ltd from Formula Vision Technologies (F.V.T) Ltd. (TASE:FVT) on May 23, 2016.