Quick Take
Mind C.T.I. (MNDO) announced it has agreed to acquire GTX GmbH for about $272,550 (EUR 250,000).
GTX provides tailored instant mobile messaging solutions.
With the deal for GTX, MNDO is continuing to acquire German messaging technologies as part of a significant expansion of its efforts in that large and strategic market.
MNDO has plans to explore further acquisitions as a consolidation strategy.
Target Company
Cologne, Germany-based GTX was founded in 2006 to provide a global SMS services for business-to-business [B2B] customers that enables its business partners with a system to send