Bmat Music Innovation acquired Directors Gear from SIOS Corporation (TSE:3744) for €1.6 million on August 1, 2020. To finance the deal, Bmat Music Innovation has a €500,000 joint venture loan provided by Cofides charged to Fonpyme, a €800,000 loan provided by Santander and its own funds. Bmat Music Innovation completed the acquisition of Directors Gear from SIOS Corporation (TSE:3744) on August 1, 2020.