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ActiveOps plc ( (GB:AOM) ) has issued an announcement.
ActiveOps plc has acquired Enlighten Group Pty Ltd, a company specializing in workforce optimization solutions, for up to USD$21.5 million. This acquisition is set to enhance ActiveOps’ software offerings and strengthen its market presence in North America and Asia Pacific. The deal is expected to increase ActiveOps’ Annual Recurring Revenue by approximately USD$11 million and double its North American revenues. It also provides opportunities for cross-selling and expanding software capabilities, while delivering cost synergies and retaining key Enlighten personnel. This strategic move is anticipated to add significant value to ActiveOps’ operations and shareholder interests.
The most recent analyst rating on (GB:AOM) stock is a Buy with a £180.00 price target. To see the full list of analyst forecasts on ActiveOps plc stock, see the GB:AOM Stock Forecast page.
Spark’s Take on GB:AOM Stock
According to Spark, TipRanks’ AI Analyst, GB:AOM is a Neutral.
ActiveOps plc benefits from strong financial performance and positive corporate events, displaying revenue growth and strategic moves that boost confidence. However, bearish technical indicators and a high valuation significantly impact the stock’s attractiveness, resulting in a moderate overall score.
To see Spark’s full report on GB:AOM stock, click here.
More about ActiveOps plc
ActiveOps is a Software as a Service (SaaS) company that provides Decision Intelligence software solutions aimed at enhancing service operations. Their AI-powered solutions help organizations improve decision-making, productivity, and resource utilization across various sectors, including banking, insurance, healthcare administration, and business process outsourcing. ActiveOps operates globally with a workforce of approximately 190 employees and serves enterprise customers from offices in the UK, Ireland, USA, Canada, Australia, India, and South Africa.
Average Trading Volume: 94,450
Technical Sentiment Signal: Strong Buy
Current Market Cap: £90.99M
See more data about AOM stock on TipRanks’ Stock Analysis page.