on DLT Resolution Inc. (NASDAQ:DLTI)
DLT Resolution Inc. Acquires 42.05% Stake in Ciscom Corp.
DLT Resolution Inc., a notable entity in the realms of software, SAAS, information technology, and communication, has recently announced its acquisition of an additional 22.15% share in Ciscom Corp., elevating its total stake to 42.05%. This acquisition positions DLT Resolution Inc. as the largest shareholder of Ciscom Corp. The company had previously secured 19.9% of Ciscom, marking this move as a continuation of its strategic investment in the ICT sector.
On March 2, 2024, DLT Resolution Inc. carried out a share-for-share exchange, acquiring shares from various shareholders to consolidate its position further. Ciscom Corp., a Canadian holding company specializing in the ICT sector, is known for managing robust SMEs with a track record of profitability. It focuses on firms looking for equity, transition, or lacking a clear succession plan.
With a vision to drive technological advancements, DLT Resolution Inc.'s investment in Ciscom highlights its commitment to fostering innovation and transformation in telecommunications and technology. Through strategic SAAS acquisitions, DLT Resolution Inc. aims to navigate businesses confidently into the digital era, providing cutting-edge solutions for electronic remote voting, data services, among others.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all DLT Resolution Inc. news