Listed tech provider Spirit Technology Solutions has announced that it has reached an agreement to acquire telecommunications provider Nexgen for $50 million and has also raised about $23.8 million from institutional investors.
Listed tech provider Spirit Technology Solutions has reported a lift of 243% year-on-year in its revenue for the first half of the financial year 2021, with total revenue coming in at $42.7 million, according to unaudited results.
Australian-listed Spirit Technology Solutions - formerly known as Spirit Telecom - is acquiring cyber security services business Intalock for $15 million.
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