April 1 (Reuters) - rhipe Ltd RHP.AX :
* RHP ACQUIRES CYBER SECURITY SPECIALIST, EMT DISTRIBUTION
* PURCHASE PRICE FOR AUSTRALIA AND ASIA OPERATIONS WILL BE AN UPFRONT PAYMENT OF $11M
* SEES CONTRIBUTION FROM ACQUIRED EMT IN FY 2022 TO BE AROUND $2M OF OPERATING PROFIT BEFORE ACCOUNTING FOR FURTHER INVESTMENT IN EMT BUSINESS
* KEY MANAGEMENT ENTITLED TO ADDITIONAL CONSIDERATION OF UP TO $2M TIED TO REPORTED FINANCIAL PERFORMANCE OF ACQUIRED BUSINESS OVER 1ST 24 MONTHS