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TransAct Technologies Acquires Perpetual License to BOHA! Source Code

1. TransAct Technologies has acquired a perpetual, royalty-free license for BOHA! software. 2. This deal expands TransAct's capabilities in software-driven technology solutions.

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$3.8208/06 04:22 PM EDTEvent Start
$3.808/07 11:31 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition allows TACT to enhance its product offerings and may increase revenue. Previous acquisitions in tech sectors have often led to stock appreciation.

How important is it?

The acquisition represents a strategic move that could improve TACT's competitive position and profitability, resulting in potential stock price increases.

Why Long Term?

The long-term benefits from expanded software capabilities can significantly contribute to revenue growth over time. Companies that invest in technology typically see increased market share.

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AVYHPQLOGI
HAMDEN, Conn.--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and integrated printing solutions for large and emerging markets, has acquired a perpetual license to a copy of the source code for the BOHA! software that it licenses from Avery Dennison. Under the terms of the agreement, TransAct has obtained a perpetual and royalty free license to use, host, market, sublicense, distribute, copy, and mo.

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