MIND C.T.I. To Acquire GTX For Enterprise Messaging Tech [Seeking Alpha]
MIND C.T.I. Ltd. - Ordinary Shares (MNDO)
US:NASDAQ Investor Relations:
mindcti.com/investor-information
Company Research
Source: Seeking Alpha
MIND C.T.I. To Acquire GTX For Enterprise Messaging Tech Summary MIND C.T.I. said it will acquire GTX GmbH for EUR 250,000. GTX has developed a suite of mobile messaging capabilities for multiple channels in the enterprise messaging market. With the deal, MNDO is executing on a consolidation strategy within the large and strategic German market, and appears to be snapping up technologies to speed its go-to-market. Quick Take Mind C.T.I. ( announced GTX provides tailored instant mobile messaging solutions. With the deal for GTX, MNDO is continuing to acquire German messaging technologies as part of a significant expansion of its efforts in that large and strategic market. MNDO has plans to explore further acquisitions as a consolidation strategy. Target Company Cologne, Germany-based GTX was founded in 2006 to provide a global SMS services for business-to-business [B2B] customers that enables its business partners with a system to send SMS to end-users. Management is headed by Managing
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MNDO
News
- MIND CTI Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- MIND CTI Reports Fourth Quarter and Full Year 2023 ResultsGlobeNewswire
- MIND C.T.I. Ltd's (NASDAQ:MNDO) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue? [Yahoo! Finance]Yahoo! Finance
MNDO
Sec Filings
- 3/26/24 - Form 6-K
- 3/18/24 - Form 20-F
- 3/6/24 - Form 6-K
- MNDO's page on the SEC website