Announced

GFT Technologies has agreed to acquire AXOOM.

Synopsis

GFT Technologies, it services provider, has agreed to acquire AXOOM, a digital platform owner. Financial terms were not disclosed. “The acquisition of the AXOOM team is part of our investment strategy for the expansion of industry expertise, whilst the development partnership with TRUMPF will pave the way for a faster and broader expansion of our industry offering. This drive, by the way, will be spearheaded from GFT’s core location in Germany.” Marika Lulay, GFT Technologies CEO.

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