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Smarttech247 Sells Getvisibility Stake to Forcepoint for €1.8 Million

Story Highlights
  • Smarttech247 sells its Getvisibility stake to Forcepoint for €1.8 million.
  • The sale strengthens Smarttech247’s partnership with Forcepoint and boosts its cash reserves.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smarttech247 Sells Getvisibility Stake to Forcepoint for €1.8 Million

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Smarttech247 Group PLC ( (GB:S247) ) has provided an update.

Smarttech247 Group PLC has announced the sale of its minority stake in Getvisibility to Forcepoint for €1.8 million, enhancing its cash reserves. This transaction strengthens Smarttech247’s commitment to innovation and collaboration, maintaining its partnership with Forcepoint, a leader in data and cloud security, and supporting the development of advanced cybersecurity solutions.

More about Smarttech247 Group PLC

Smarttech247 Group PLC is a multi-award-winning provider in the cybersecurity industry, specializing in AI-enhanced services that offer automated managed detection and response for international clients.

YTD Price Performance: -24.07%

Average Trading Volume: 76,116

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £9.22M

For a thorough assessment of S247 stock, go to TipRanks’ Stock Analysis page.

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