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Onteco acquires Cyber Centers International
[November 12, 2012]

Onteco acquires Cyber Centers International

Nov 12, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Onteco Corporation has acquired all of the issued and outstanding shares of Cyber Centers International Corporation (CCI) in exchange for the issuance of a number of shares of preferred and common stock of Onteco.

CCI is a developer of interactive online gaming designed for consumer play via subscription through a computer or mobile device, and Onteco is engaged in the investment and development of proprietary alternative energy technologies. Both the companies are based in the US.

Announcement (October 10, 2012): Onteco has agreed to acquire all of the issued and outstanding shares of CCI in exchange for the issuance of a number of shares of common stock of Onteco.


The transaction is expected to close on October 19, 2012.

Deal Type Acquisition Sub-Category 100% Acquisition Deal Status Completed: 2012-11-08 Deal Participants Target (Company) Cyber Centers International Corporation Acquirer (Company) Onteco Corporation

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