Shape Robotics has today signed a Heads of Terms to acquire all shares in the Romanian technology company Video Technic Systems (“VTS”). The Definitive Agreement is expected to be signed before September 9th, 2022. Shape Robotics acquires VTS to increase the capability to deliver turnkey EdTech solutions in Central and Eastern Europe. VTS has 12 […]
Day: August 20, 2022
Qred increases operating income by 55%
Qred continues to grow in line with expectations, but increased credit losses burdened the quarter’s results. Qred both issued new common shares, and refinanced a senior secured bond during the quarter. Qred is thus in a good position to deliver continued growth and develop new services in the coming years. The operating income increased by […]