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Intelligent Protection Management Corp. Reports 2025 Business Objectives and Fourth Quarter and Full Year 2024 Results

1. IPM refocused on cloud and cybersecurity after acquiring NTS. 2. IPM divested certain applications to streamline operations.

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$1.9503/24 04:20 PM EDTEvent Start
$1.8903/25 10:33 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition of NTS strengthens IPM's market position in high-demand sectors, potentially enhancing revenue. Historically, similar strategic acquisitions in technology have led to increased stock prices, such as Microsoft's purchase of LinkedIn.

How important is it?

The article discusses strategic moves that directly impact IPM's future growth and financial performance, warranting a significant importance score. The trends indicate a solid market response towards companies bolstering their cybersecurity and cloud capabilities.

Why Long Term?

The long-term benefits from integrating NTS’s capabilities will likely enhance IPM's operational efficiencies and service offerings, impacting revenue positively in the future. Past examples, such as VMware's acquisition of Carbon Black, demonstrate how long-term integration can scale business operations effectively.

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Refocused on Technology Service Offerings in the Cloud Infrastructure and Cybersecurity Sectors JERICHO, NY / ACCESS Newswire / March 24, 2025 / Intelligent Protection Management Corp. ("IPM," the "Company," "we," "our" or "us") (NASDAQ:IPM), a managed technology solutions provider focused on cybersecurity and cloud infrastructure, today announced financial and operational results for the fourth quarter and year ended December 31, 2024. As previously disclosed, in January 2025, the Company completed its acquisition of Newtek Technology Solutions, Inc. ("NTS") from NewtekOne, Inc. and the sale of its "Paltalk", "Camfrog" and "Vumber" applications and certain assets and liabilities related to such applications (the "Transferred Assets") to Meteor Mobile Holdings, Inc. (together, the "Transactions").

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