Medasys S.A. (ENXTPA:MED) acquired Netika for €9.8 million on July 28, 2017. The acquisition was financed through a shareholder loan granted by Dedalus. Netika generated revenue of €6.1 million and EBITDA of €1 million for the year ended December 31, 2017. This acquisition under the aforementioned conditions as well as the terms of its financing have been subject to prior approval by the Management Board and the Supervisory committee of Medasys. Medasys S.A. (ENXTPA:MED) completed the acquisition of Netika on July 28, 2017.