May 11 (Reuters) - Absolute Software Corp ABST.TO :
* ABSOLUTE SOFTWARE TO ACQUIRE NETMOTION, TO DELIVER THE NEXT GENERATION OF ENDPOINT RESILIENCE
* ABSOLUTE SOFTWARE CORP - DEAL FOR USD$340 MILLION IN CASH
* ABSOLUTE SOFTWARE CORP - DEAL EXPECTED TO BE ACCRETIVE TO ARR, REVENUE, AND ADJUSTED EBITDA GROWTH GOING FORWARD
* ABSOLUTE SOFTWARE CORP - WILL ACQUIRE 100% OF PRIVATELY-HELD NETMOTION FOR USD$340 MILLION IN CASH
* ABSOLUTE SOFTWARE CORP - EXPECTS TO FUND TRANSACTION CONSIDERATION WITH A COMBINATION OF USD$275 MILLION IN DEBT AND USING USD$65 MILLION IN CASH
* ABSOLUTE SOFTWARE CORP - NETMOTION WILL BECOME A WHOLLY-OWNED US SUBSIDIARY OF ABSOLUTE