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Announced

Completed

Odine completed the majority investment in Logate.

Synopsis

Odine, a technology company focused on delivering AI-powered network solutions, cloud infrastructures, and virtualization technologies, completed the majority investment in Logate, a software solutions company for telecoms, banks, and enterprises. Financial terms were not disclosed. "We consider this partnership with Logate a major milestone in Odine's global growth journey. Their technical know-how and regional experience, combined with our operational infrastructure and international scale, will create a powerful synergy. We are confident that this collaboration will deliver sustainable value for both parties and support our expansion across critical verticals, from financial technologies and public infrastructure to enterprise software and digital communication platforms." Alper Tunga Burak, Odine Chairman and CEO.

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