Itesoft SA (ENXTPA:ITE) acquired the remaining 94.41% stake in W4, société anonyme for €9.9 million in cash and stock on July 20, 2015. The consideration includes payment of €8 million in cash and issue of 0.44 million shares of Itesoft. The consideration net of cash as on June 30, 2015, is €7.4 million. W4 reported revenues of €4.8 million in 2014. Ernst & Young France acted as accountant for Itesoft SA.

Itesoft SA (ENXTPA:ITE) completed the acquisition of the remaining 94.41% stake in W4, société anonyme on July 20, 2015.