Mediagrif to acquire k-eCommerce
Mediagrif Interactive Technologies announced an agreement to acquire kCentric Technologies, better known as k-eCommerce, which provides Microsoft Dynamics and SAP Business One e-commerce solutions.
Mediagrif cited k-eCommerce's 17 percent combined annual growth rate over the last five years and 66 percent recurring revenue as key factors motivating the acquisition.
The acquisition for CAD $15 million and 203,000 common shares will still need to approved by the Toronto Stock Exchange. Both companies are based in Canada.
FREE Membership Required to View Full Content:
Joining MSDynamicsWorld.com gives you free, unlimited access to news, analysis, white papers, case studies, product brochures, and more. You can also receive periodic email newsletters with the latest relevant articles and content updates.
Learn more about us here
I think this will be a quite…
I think this will be a quite risky investment for Mediagrif Interactive Technologies
https://msdynamicsworld.com/story/business-logic-geometry dash online-microservices-architectures