Why the K2fly (ASX:K2F) share price is climbing today

The K2fly Ltd (ASX: K2F) share price is lifting today on news the asset management consulting service will acquire Decipher’s mining solutions business.

The K2fly share price opened at an intraday high of 36.5 cents then plummeted to a low of 34 cents. However, its shares are climbing again in afternoon trade, now up 1.47% to 34.5 cents at the time of writing.

What’s driving the K2fly share price higher?

The K2fly share price is climbing higher after reporting a takeover of Decipher to enhance its suite of solution offerings.

Decipher is a software-as-a-service company developed and operated by CSBP Limited (CSBP), and Wesfarmers Chemicals, Energy & Fertilisers Limited (WesCEF). Decipher offers a cloud-based platform that helps…