Wikisoft acquires Etheralabs

• Wikisoft (OTCPK:WSFT) has announced that it has entered into a definitive agreement to acquire 51% of Etheralabs, that invests in, builds, and deploys disruptive technologies across the Blockchain space.
• Wikisoft is using equity to fund the acquisition, thus providing the Co. the optimum financial flexibility in the future.
• With the majority stake, Wikisoft intends to ensure that Etheralabs future product and technology roadmap supports Wikisoft´s platform strategy including the upcoming Wikifunding site aiming to accelerate matching investors to startups.
• The Co. expects the proposed transaction to be accretive to earnings realized over the two years following the acquisition.