Omniq Enters Into A Definitive Agreement To Acquire Tadiran Telecom A Global Leader In Unified Communications And Collaborative Solutions; The Company Will Pay A Total Of $15.25M For 100% Of Tadiran
Portfolio Pulse from Happy Mohamed
OmniQ Corp. (NASDAQ:OMQS) has announced a definitive agreement to acquire Tadiran Telecom, a global leader in Unified Communications and Collaborative Solutions, for $15.25M. The acquisition will enhance OmniQ's product offering and strengthen its position as a leading provider of Comprehensive Automation Solutions. Tadiran's FY 2022 revenue was $26M with $1.7M of Operating Profit.
July 10, 2023 | 12:33 pm
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OmniQ's acquisition of Tadiran Telecom is expected to enhance its product offering and strengthen its market position. This could potentially lead to increased revenues and profitability for the company.
The acquisition of Tadiran Telecom will allow OmniQ to integrate new Unified Communications & Collaboration capabilities with its AI products, potentially leading to higher predictability and increased speeds. This could enhance OmniQ's product offering and strengthen its market position, potentially leading to increased revenues and profitability.
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