ImAlliance SA (ENXTPA: MLIML) signed an agreement to acquire Eleganz on May 17, 2011. Post acquisition, Adrien Moisson will become the Chairman of Imalliance while Julien Recoing and Julien Boudin will be appointed as Chief Executive Officer and Deputy Chief Executive Officer of ImAlliance SA respectively. ImAlliance SA (ENXTPA: MLIML) cancelled the acquisition of Eleganz on May 17, 2012.