1Linx acquired by Global Remote Technologies

1 minute read
09 January 2018

On January 9, 2018, Global Remote Technologies Ltd. (CSE: RGT) (OTCMKTS: RGTZF) (FRA: GR9) announced that it had completed its acquisition of 1Linx Ltd. 1Linx is now a wholly-owned subsidiary of Global Remote.

In connection with the acquisition, Global Remote issued an aggregate of 6,000,000 of its common shares to the former shareholders of 1Linx.

1Linx is a New York based blockchain technology company with a highly successful proprietary blockchain authentication platform and a suite of blockchain security services.

Peter Simeon of Gowling WLG advised 1Linx in this transaction.

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