Finlogic S.p.A. (BIT:FNL) singed a deal to acquire 51% stake in Socialware Italy Societa A Responsabilita Limitata for EUR 0.15 million on January 8, 2020. The consideration to be paid for EUR 0.12 million is at closing and remaining amount in EUR 0.03 million as earn out. The transaction is expected to close by January 31, 2020.