Vision Solutions is noting that DataMirror is not acquiring its parent company, Idion Technology Holdings Ltd. Instead, DataMirror intends to make an offer to acquire all the outstanding common shares of Idion Technology. "DataMirror intends to offer a cash price of ZAR 65c (Cdn. $0.09) per share, or approximately Cdn. $9.8 million on a fully-diluted basis," says a press release from DataMirror. “We haven’t seen a formal offer yet,” says Corne Arnold, corporate communications director for Idion Technology Holdings. “We have been advised to look at the formal offer and assess before making further announcements.”

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