
MIND CTI Expands European Footprint With $1.88M Aurenz Acquisition: Details

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MIND C.T.I. has acquired Aurenz GmbH for $1.88 million to enhance its Unified Communications (UC) analytics capabilities and expand its presence in Europe. The acquisition will strengthen MIND's position in the UC analytics market and is expected to be accretive to earnings per share in fiscal 2025. Jürgen Dagutat will continue to lead Aurenz post-acquisition. MIND's CEO, Ariel Glassner, expressed confidence in the strategic alignment of the acquisition with the company's goals. MNDO shares are currently trading at $2.02.

