Welcome to our dedicated page for Carebook Technol news (Ticker: CRBKF), a resource for investors and traders seeking the latest updates and insights on Carebook Technol stock.
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Carebook Technologies Inc. (TSXV: CRBK; OTC: CRBKF) has successfully completed the acquisition of InfoTech Inc., a leader in health and productivity risk management, for a total of C$14 million. This acquisition, financed through C$11 million in credit facilities, is expected to enhance Carebook's global reach and service offerings. InfoTech's Wellness Checkpoint platform boasts nearly one million users and will be immediately accretive to Carebook. The combined revenue of both companies is projected at $7.7 million for the trailing twelve months as of September 30, 2020.