Ngenic AB (publ) (OM:NGENIC) agreed to acquire AirPatrol OU for €0.93 million on October 8, 2021. The consideration divided into three parts, a cash component, newly issued shares in Ngenic AB and a performance based earn-out. Daniel will become VP of international sales. For the year ended December 31, 2020 AirPatrol recorded the revenues of €0.46 million.