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  LadyGaga and Microsoft are already invested in US-based technology company Buddy. Getty
  • by
    
  • Sarah Thompson
    
  • Anthony Macdonald
    
  • Jake Mitchell
  Lady Gaga and Microsoft may sound like strange bedfellows, but what they have in common is US-based technology company Buddy.
  
  And they're coming to Australia, with a planned backdoor takeover of ASX-listed resources company Potash Minerals to be announced on Monday, sources told Street Talk on Sunday.
  
  In the coming months, the company will look to raise around $7.5 million through an initial public offering.
  
  Sources close to the deal said 20 per cent of the company would be sold through an IPO, 10 per cent would go to Potash Minerals shareholders and 70 per cent would remain with existing Buddy investors and the company.
  
  
  Gaga and Microsoft are already invested in Buddy, which helps businesses manage and process raw data from any connected devices, including microwaves, fridges, cars, watches, or even light bulbs, and delivers it in an easy to view platform and keeps in secure.
  
  
  
  
  
  
  
  
  
  
  
  
  
  Read more: http://www.copyright link/street-ta...buddy-up-on-asx-20150719-giftna#ixzz3nYjATprT
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• Jul 19 2015 at 10:15 PM
  
• Updated Jul 20 2015 at 5:04 AM

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Gaga and Microsoft Buddy up on ASX


Read more: http://www.copyright link/street-ta...buddy-up-on-asx-20150719-giftna#ixzz3nYiM0GCB
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