Staff Members of Zim Corporation acquired Database Technology Business of ZIM Corporation on April 1, 2020. Post-closing, the acquired business will operate under the name Zim Databases Canada Inc. Staff Members of Zim Corporation completed the acquisition of Database Technology Business of ZIM Corporation for CAD 120 million on April 1, 2020. The purchase is to be paid in five equal payments over a 5-year period on the anniversary date of the agreement.