Taldor Computer Systems (1986) Ltd (TASE:TALD) agreed to acquire Libi Software Technology Ltd., for ILS 7 million on October 29, 2018. In exchange for the acquired shares, out of ILS 6.95 million, Taldor Computer Systems paid ILS 6 million upon completion of the deal and the remaining ILS 0.95 million will be paid during 12 months since the date of signing of the deal. In addition, the sellers are entitled to a conditional additional consideration in respect of the purchased shares on the basis of a profit multiplier of 6 on the average net profit of Taldor Computer Systems in the years 2018-2020 (in accordance with the accounting mechanism determined in the acquisition agreement) multiplied by 40%, which will be paid in March of 2019 and 2020, and the final settlement will be made in March 2021. Taldor Computer Systems (1986) Ltd (TASE:TALD) completed the acquisition of Libi Software Technology Ltd., on December 10, 2018.