Mind CTI to Acquire GTX, For €250K

mindMind C.T.I. LTD. – (NasdaqGM: MNDO), a Yoqneam, Israel-based provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, is to acquire GTX GmbH, a Cologne, Germany-based provider of enterprise messaging communication solutions, for €250K in cash.

The acquisition is anticipated to be completed shortly, subject to customary closing requirements.

Founded in 2006 and led by Oliver Zabel, Managing Director, GTX offers global SMS services for B-2-B customers, providing business partners with a system to send SMS to end-users on different channels, e.g. WhatsApp, Chatbot on Messenger and Rich Communication Services (RCS).

GTX will for now continue to operate with its existing team supporting its customer base. The mid-term goal is to strengthen operations by unifying Message Mobile and GTX under the umbrella of MIND CTI Germany, to be led by Mr. Gilad Parness, VP Enterprise Solutions and Managing Director (Geschäftsführer).

Led by Monica Iancu, Chief Executive Officer, MIND CTI is a provider of convergent end-to-end billing and customer care product-based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions. The company provides a complete range of billing applications for any business model (license, SaaS, managed service or complete outsourced billing service) for Wireless, Wireline, Cable, IP Services and Quad-play carriers.
The company operates from offices in the United States, Romania, Germany and Israel.

FinSMEs

26/09/2019

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