SPX Technologies Completes Acquisition of Kranze Technology Solutions (“KTS”)
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SPX Technologies has completed the acquisition of Kranze Technology Solutions, enhancing its communications technologies platform. This acquisition is expected to accelerate SPX's growth strategy by integrating complementary technology and expanding into growth markets.
January 27, 2025 | 9:15 pm
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SPX Technologies has acquired Kranze Technology Solutions, which is expected to enhance its communications technologies platform and accelerate growth in complementary markets.
The acquisition of Kranze Technology Solutions by SPX Technologies is a strategic move to enhance its communications technologies platform. This is likely to positively impact SPXC's stock price in the short term as it aligns with the company's growth strategy and opens up new market opportunities.
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