Business
Why the Bigtincan (ASX:BTH) share price is edging higher today
The Bigtincan Holdings Ltd (ASX: BTH) share price is edging higher today following the software company announcing its acquisition of US-based artificial intelligence company VoiceVibes .
In the opening minutes of trade, the Bigtincan share price reached an intraday high of $1.08. However, its shares have slightly retraced to $1.03, up 1.4% at the time of writing.
What was announced?
According to Bigtincan’s release, the company’s United States subsidiary, BTC Mobility, completed a stock purchase agreement with shareholders of VoiceVibes. The fulfilled arrangement saw BTC Mobility acquire 100% of the issued capital of VoiceVibes for US$2 million.
The purchase was made possible through Bigtincan tapping into its existing cash…
-
General19 hours agoThe wrong way to respond to antisemitism • Inside Story
-
Noosa News19 hours agoBrisbane community mourns 14-year-old Declan Phillips after deadly Wynnum crash
-
Business22 hours agoUp 29% since April, why is this ASX 200 coal stock tumbling today?
-
Business20 hours agoUp 55% this year, does Macquarie rate Gold Road Resources shares a buy, hold or sell?