Cineplex acquires EK3

Media • Cineplex said Wednesday that it has made a conditional offer to buy EK3 Technologies Inc., a private company based in London, Ont.

Toronto-based Cineplex says EK3 will complement its own digital signage business, which has Sco

tiabank, CIBC, Rogers and other companies among its client base.

Cineplex says it will pay about $40 million up front plus the potential for performance-related payments that could push the total to $78 million.