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Hansen Technologies Limited ( (AU:HSN) ) has shared an update.
Hansen Technologies Limited has announced its acquisition of Digitalk Group Holdings Ltd, a UK-based provider of Mobile Virtual Network Operator (MVNO) and carrier-grade platforms. This strategic move is expected to enhance Hansen’s Global Communications Suite by integrating Digitalk’s solutions, thereby unlocking cross-sell opportunities and expanding into high-growth segments. The acquisition, valued at £33.1 million, is anticipated to be immediately accretive to Hansen’s earnings, supported by Digitalk’s strong recurring revenue and profitability. The deal, which will be funded through cash reserves and debt, is set to complete by the end of 2025, pending regulatory approvals.
The most recent analyst rating on (AU:HSN) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Hansen Technologies Limited stock, see the AU:HSN Stock Forecast page.
More about Hansen Technologies Limited
Hansen Technologies Limited is a global provider of industry-specific software products and expertise, focusing on the communications and media industry. The company offers a suite of solutions designed to enhance operational efficiency and customer engagement for communication service providers worldwide.
Average Trading Volume: 442,896
Technical Sentiment Signal: Buy
Current Market Cap: A$1.16B
For an in-depth examination of HSN stock, go to TipRanks’ Overview page.