The purchase price consists of initial consideration of $6.0 million in cash and additional consideration to a maximum of $3.0 million payable upon the achievement of certain goals.
Launched in 2000 and based in Dubai with offices in other places like UK, Houston and Netherlands, WorldwideWorker has 12 employees and a database of 400,000 energy professionals. They had $2 million revenue in 2009 and are profitable.
More details from their release follows
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