$25MStrategic acquisitionTechnology
Enghouse to buy MIND CTI for $1.30 a share in cash
Enghouse Systems will acquire Nasdaq-listed MIND C.T.I., a provider of telecom billing and enterprise UC analytics software, for US$1.30 per share in cash, about $25.4 million in equity value and a 42% premium to the 30-day VWAP. MIND CTI can shop for better offers until December 10, with a $1 million break fee. Closing is expected in Q1 2027.
Why it matters: The deal extends Enghouse's telecom and enterprise unified communications portfolio through its steady roll-up of software businesses.
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