Taldor Computer Systems (1986) Ltd. (TASE:TALD) signed an agreement to acquire Evolution - On Line Ltd. from Eldar Retter, Ofir Tzavik and Daniel Engelman on December 6, 2015. The shares will be acquired in four stages each of them is of 25% stake. The first stage will be paid on the date in which the pre-conditions are fulfilled, while the following stages will occur from March 31, 2016 to March 31, 2018.

Taldor Computer Systems will pay a consideration calculated as 5.5 times of unified revenues before taxes. The consideration of the first stage is equal to ILS 4.1 million, consideration for the second, third and fourth stages will be calculated taking the unified revenues of 2014-15, 2014-16 and 2015-17 respectively. Taldor Computer Systems will gain control on XGlobe's Board with the first stage.