Hubify Limited (ASX:HFY) agreed to acquire Database Assets of Nethoster for AUD 0.8 million on February 15, 2021. The consideration includes cash payment of AUD 0.8 million which is to be made on February 26, 2021. Post completion, Nethoster will continue as a business separately and the acquired customer database will be migrated to Hubify on February 26, 2021. In addition, Hubify will also take over the overseas support team. The acquisition is EPS accretive. The transaction is expected to close on February 26, 2021.