Pason Systems Inc. (TSX:PSI) acquired Verdazo Analytics Inc. for $12.3 million in December 2016. The consideration for the acquisition will comprise of $6.5 million in cash and common shares of Pason worth $5.8 million with approximately half of the consideration deferred over three years. As part of the acquisition, Verdazo Analytics will operate as a standalone wholly owned subsidiary of Pason Systems. The Verdazo management team will continue to operate the day-to-day business and will enter into non-competition agreements. Verdazo Analytics and its entire team will join Pason Systems. Pason Systems Inc. (TSX:PSI) completed the acquisition of Verdazo Analytics Inc. in December 2016.