Zix logo

ZIXI - Zix News Story

$6.23 0.1  1.0%

Last Trade - 22/05/20

Sector
Technology
Size
Small Cap
Market Cap £291.6m
Enterprise Value £432.4m
Revenue £161.6m
Position in Universe 3077th / 6358

BRIEF-Zix Acquires The Assets Of Email Security Provider Deliveryslip

Wed 8th May, 2019 1:28pm
May 8 (Reuters) - Zix Corp  ZIXI.O :
    * ZIX ACQUIRES THE ASSETS OF EMAIL SECURITY PROVIDER
DELIVERYSLIP
    * ZIX CORP - TOTAL CASH CONSIDERATION FOR TRANSACTION IS $14
MILLION
    * ZIX CORP - ASSET ACQUISITION IMMEDIATELY IMPROVES MARGIN
PROFILE
OF BUSINESS BY ELIMINATING THIRD PARTY ROYALTY PAYABLE BY
APPRIVER TO DELIVERYSLIP
    * ZIX CORP - EXPECT TRANSACTION TO ADD APPROXIMATELY $2
MILLION OF
ADJUSTED EBITDA IN 2020

Source text for Eikon:  ID:nBw4X1fLpa 
Further company coverage:  ZIXI.O 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.