Aug 4 (Reuters) - Mobile Embrace Ltd MBE.AX :
* Acquisition of vizmond media and breakthrough technology
* Says acquisition is immediately EPS accretive for FY 2016
* Says total upfront consideration of $2.5 million (funded by existing cash reserves of $9.5 million)
* Says vizmond media is forecast FY 2016 to deliver revenue of $2.5 million and $1 million EBITDA
* Acquisition for a potential contingent consideration of up to a further $3.5 million over 3 years
* Source text for Eikon ID:nASXbmtXnQ