INVE - Identiv Acquires Thursby Software Systems For Government Offerings
Quick Take
Identiv (INVE) announced and has subsequently closed on the acquisition of Thursby Software Systems for up to $12.5 million in total potential consideration.
Thursby Software Systems operates as enterprise mobile integration, management, and security company.
INVE has been beating analyst targets on revenue increases, and the deal for Thursby promises to continue that trend and further its government and Apple-based enterprise security capabilities.
Target Company & Market
Arlington, Texas-based Thursby Software was founded in 1986 to provide government agencies and commercial enterprises with Apple iPad, iPhone, and Mac integration, management, and