2024-03-13 05:46:47 ET
Summary
- Crane NXT is an industrial technology company that provides trusted technology solutions for securing valuable assets.
- Two-thirds of its revenue comes from the CPI segment, which provides advanced detection systems for authentication and transaction management.
- Crane NXT has recently acquired OpSec Security in a $270 million cash deal, adding brand protection and authentication solutions to its portfolio.
Shares of Crane NXT ( CXT ) have not received much attention on this platform. Crane NXT has been separated from Crane Company (CR) in the spring of 2023 in order to create a leading and focused industrial technology company, with each business now being run by separate and incentivized management teams....
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For further details see:
Crane NXT: What's Next After A Partial Re-Rating?