In December 2015 Digital Barriers conditionally agreed to acquire the entire issued share capital of Brimtek, Inc.a provider of state-of-the-art technical surveillance solutions to the US defence, homeland security, federal law enforcement and intelligence communities.  

Digital Barriers identified Brimtek as an attractive target for the Group, given its breadth of offerings which present significant sales synergies with Digital Barriers in the US market.

The agreement was that Brimtek Inc would be acquired for a maximum aggregate consideration of up to $45 million (£29.6 million). Of the total consideration payable under the terms of the acquisition, $25 million (£16.4 million) was payable in cash upon completion and the remaining up to $20 million (£13.2 million) was payable in cash (or a mixture of cash and new Ordinary Shares at the discretion of the Company) subject to Brimtek achieving certain performance targets during the period up to 31 December 2017.

Digital Barriers has now confirmed that following receipt of the CFIUS approval, the Group has achieved or otherwise waived all outstanding closing conditions and has now completed the acquisition of Brimtek Inc.