Why the Bailador (ASX:BTI) share price is lifting this morning

After a slow trading start, the Bailador Technology Investments Limited (ASX: BTI) share price is lifting on positive acquisition news from the company’s subsidiary.

At the time of writing, the Bailador share price has finally slipped out of the starting blocks, trading up 1.43% at $1.42.

Let’s look closer at what Bailador announced today. 

Big acquisition

In its release, Bailador advised that its subsidiary Instaclustr, an open-source software provider, has acquired Germany and US-based Credativ. Also an open-source software provider, credativ brings more than 500 customers to the party and adds to Instaclustr’s software and services…