AdvancedAdvT Ltd. (GB:ADVT) has released an update.
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AdvancedAdvT Limited, notable for providing cutting-edge software solutions, has completed the strategic acquisition of Celaton Ltd, an operator of the AI-driven document processing platform inSTREAM, for £5.0 million. The deal, initially announced in May, will bolster AdvancedAdvT’s service offerings, especially with Celaton’s proven track record of £3.3 million in revenue and substantial recurring business. This acquisition aligns with AdvancedAdvT’s growth strategy, expanding its market reach and digital capabilities in the business solutions and healthcare compliance sectors.
For further insights into GB:ADVT stock, check out TipRanks’ Stock Analysis page.