The cash portion of the purchase price will be financed using available funds in Semcon. In addition, earn-outs, paid in cash, may amount to a maximum of SEK 39 million if the operating profit exceeds certain benchmark levels during 2021-2023. The purchase price for 100 per cent of the shares, on a cash and debt-free basis, initially amounts to SEK 61 million, of which SEK 56 million will be paid in cash and SEK 5 million will be paid in the form of 42,585 shares in Semcon 1). In terms of culture, we are an outstanding match as we are both development-oriented, people-first companies that share a passion for value-generating technology,” says Squeed’s President Ola Klasson. As a part of Semcon, we will work on new exciting projects that combine digital and physical solutions. “Squeed’s employees are accustomed to working on projects that span across innovation and business development to implementation. In 2020, sales amounted to SEK 105 million and operating profit to SEK 14 million, yielding an operating margin of 13 per cent. Squeed, which will join Semcon’s Engineering & Digital Services business area, has 95 employees and strengthens Semcon’s presence mainly in Göteborg and Stockholm, but also in Oslo. This generates opportunities for us to work with customers in new industries, such as retail, finance & insurance and media,” says Markus Granlund. “The acquisition of Squeed will complement the Group’s existing digital offering in, for example, AI and smart products with additional cutting-edge expertise in full-stack development and cloud services. It is a strong driver of change and creates new opportunities for more sustainable and user-friendly digital solutions. It will be extremely inspiring to work together and provide even better support to our customers in their digital transition,” says Markus Granlund, CEO of Semcon.ĭigital technology is rapidly changing products and services and the digital transformation is impacting every industry and end user. A promo code for Meta was provided by the developer for a review and Covered is free.“Squeed is a strategically important acquisition that will add a further almost 100 fantastic colleagues to our company as well as new and exciting customers. If you are inclined to make sure that your library is correctly tagged and organized, these three programs help the process immensely. Covered makes sure that the music shows the album art. The duo of Meta and Squeed have my ID tagging needs covered. Using the iTunes Music Store gives you the ability to get optimized album artwork. Cover Art is CoveredĬovered is a free app on the Mac App Store which lets me bring in artwork from the iTunes music store and it lets me add album artwork for files missing it. But Squeed does a good job of dealing with the tagging of music which is commercially released. Since my tagging needs are primarily linked to bootlegs, and there is very little support for tags of bootlegs online, I am more inclined to use Meta rather than Squeed. It is linked to the Discogs database which lets you grab the tags from the database and fill it in. Squeed is the answer to that missing feature. The only thing it lacks is the link to a database on the web which lets you use the time signature of the files to automate tagging of your music. I am delighted with Meta and use it extensively for my tagging needs. When you have a lot of tagging to accomplish, working in batches is an absolute treat. It lets you work in individual files and in batches. Automating some of these tasks makes the process of maintaining proper tags for my music efficient. It has the ability to extract tags from the filenames. Meta supports all popular audio formats such as: mp3, mp4, m4a, aiff, wav, flac, ogg, oga, opus, spx, and writes metadata formats ID3 (v1, v2.3, v2.4), MP4, Vorbis, INFO and APE Tags. It is easy to use, and does a great job of helping me keep my music organized and properly tagged. I needed the ability to write ID3 tags for mp3 and m4a files. Yes, I have a slight OCD problem when it comes to my digital music. The problem with bootlegs is that they are not tagged as well as I would like them. I have a ton of bootleg albums I have collected over the years. Web: Meta, Music Tag editor for Mac - Batch edit audio metadata, Rename files, Embed artwork and more… Product: Meta – Music Tag Editor, Audio Metadata on the Mac App Store ApMeta, Squeed, and Covered Tags and Embeds Artwork for My Digital Music
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