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BATM Advanced Communications plan to sell software business for nearly US$34mln

  • 13 Jan 21

BATM Advanced Communications plan to sell software business for nearly US$34mln

BATM Advanced Communications plan to sell software business for nearly US$34mln


BATM Advanced Communications Ltd. | BVC | 100 -1.5 (0.0%)
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  • Proactive
    • 46 views

 

BATM Advanced Communications Limited's (LON:BVC) Zvi Marom speaks to Proactive London's Katie Pilbeam about their option agreement to sell its NGSoft software and digital services business for nearly US$34mln.

Marom explains that this deal will allow the company to focus on its areas of expertise which are cyber and biomedical. He goes on to discuss their COVID-19 kit which has been tested against the new SARS-CoV-2 variant - the virus that causes COVID-19.

He explains, the results confirm that it is effective in diagnosing this new strain.

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BATM Advanced Communications sell NGSoft for US$33mln to concentrate on driving 'core activity'

Companies: BATM Advanced Communications Ltd.

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BATM Advanced Communications mark 'transformational year' with significant delivery

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BATM's Zvi Marom expects 'substantial revenue' from its three new diagnostic kits

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BATM Advanced Communications plan to sell software business for nearly US$34mln

Companies: BATM Advanced Communications Ltd.

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BATM Advanced Communications to reinstate dividend as it expects big jump in full year earnings

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Proactive

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