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Spirit Technology Solutions Acquires InfoTrust – TipRanks Financial Blog

Hold Rating Justified by Modest Growth and Competitive Challenges – TipRanks Financial Blog

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Spirit Technology Solutions Ltd. (AU:ST1) has released an update.

Spirit Technology Solutions has successfully completed the acquisition of InfoTrust, a Sydney-based cybersecurity firm, enhancing Spirit’s goal of providing comprehensive cyber security services. The deal resulted in InfoTrust co-founders joining Spirit’s Board and the issuance of new Spirit shares to fund the transaction. This strategic move is set to expand Spirit’s customer base and bolster its managed security services portfolio.

For further insights into AU:ST1 stock, check out TipRanks’ Stock Analysis page.

Click Here to Read the Full Original Article at TipRanks Financial Blog…

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