MIND CTI to Acquire Aurenz GmbH
MIND C.T.I. (NasdaqGM: MNDO) announced a definitive agreement to acquire Aurenz GmbH, a leading provider of UC analytics and call accounting solutions in Germany. Founded in 1983, Aurenz integrates seamlessly into UC systems, enhancing operational efficiency and customer satisfaction.
Jürgen Dagutat will continue as Managing Director, ensuring continuity and strengthening partnerships. This acquisition aims to reinforce MIND's position in the European market by leveraging Aurenz’s solid reputation and expertise.
According to Ariel Glassner, CEO of MIND, Aurenz's strong market presence and experienced team will boost MIND's success in the European markets. MIND's robust cash position and resources will support market needs and sustain its dividend policy.
The acquisition, valued at approximately $1.88 million in cash, is expected to be marginally accretive to earnings per share, excluding acquisition-related items, starting fiscal 2025. The transaction will be completed shortly, subject to customary closing requirements. MIND's financial results will include Aurenz's performance from Q1 2025.
MIND C.T.I. (NasdaqGM: MNDO) ha annunciato un accordo definitivo per acquisire Aurenz GmbH, un fornitore leader di soluzioni di analisi UC e contabilità delle chiamate in Germania. Fondata nel 1983, Aurenz si integra perfettamente nei sistemi UC, migliorando l'efficienza operativa e la soddisfazione del cliente.
Jürgen Dagutat continuerà come Amministratore Delegato, garantendo continuità e rafforzando le partnership. Questa acquisizione mira a rafforzare la posizione di MIND nel mercato europeo sfruttando la solida reputazione e l'esperienza di Aurenz.
Secondo Ariel Glassner, CEO di MIND, la forte presenza di Aurenz nel mercato e il suo team esperto aumenteranno il successo di MIND nei mercati europei. La robusta posizione di cassa di MIND e le risorse disponibili sosterranno le necessità del mercato e garantiranno la sua politica di dividendi.
L'acquisizione, valutata circa 1,88 milioni di dollari in contante, si prevede che sarà marginalmente accrescitiva per l'utile per azione, escludendo voci legate all'acquisizione, a partire dall'anno fiscale 2025. La transazione sarà completata a breve, soggetta ai requisiti di chiusura consueti. I risultati finanziari di MIND includeranno le performance di Aurenz dal primo trimestre del 2025.
MIND C.T.I. (NasdaqGM: MNDO) anunció un acuerdo definitivo para adquirir Aurenz GmbH, un proveedor líder de soluciones de análisis de UC y contabilidad de llamadas en Alemania. Fundada en 1983, Aurenz se integra a la perfección en los sistemas de UC, mejorando la eficiencia operativa y la satisfacción del cliente.
Jürgen Dagutat continuará como Director General, asegurando la continuidad y fortaleciendo las asociaciones. Esta adquisición tiene como objetivo reforzar la posición de MIND en el mercado europeo aprovechando la sólida reputación y experiencia de Aurenz.
Según Ariel Glassner, CEO de MIND, la fuerte presencia de Aurenz en el mercado y su equipo experimentado impulsarán el éxito de MIND en los mercados europeos. La robusta posición de efectivo de MIND y los recursos disponibles apoyarán las necesidades del mercado y mantendrán su política de dividendos.
La adquisición, valorada en aproximadamente 1,88 millones de dólares en efectivo, se espera que sea marginalmente aditiva a las ganancias por acción, excluyendo elementos relacionados con la adquisición, a partir del ejercicio fiscal 2025. La transacción se completará en breve, sujeta a los requisitos de cierre habituales. Los resultados financieros de MIND incluirán el rendimiento de Aurenz desde el primer trimestre de 2025.
MIND C.T.I. (NasdaqGM: MNDO)는 독일에서 UC 분석 및 통화 회계 솔루션을 제공하는 선도 기업 Aurenz GmbH를 인수하기 위한 최종 계약을 발표했습니다. 1983년에 설립된 Aurenz는 UC 시스템에 원활하게 통합되어 운영 효율성과 고객 만족도를 향상시킵니다.
Jürgen Dagutat는 계속해서 전무이사로 재직하며 지속성을 보장하고 파트너십을 강화할 것입니다. 이번 인수는 Aurenz의 탄탄한 명성과 전문성을 활용하여 MIND의 유럽 시장 내 입지를 강화하는 것을 목표로 하고 있습니다.
Ariel Glassner MIND CEO에 따르면 Aurenz의 강력한 시장 존재감과 경험이 풍부한 팀이 MIND의 유럽 시장에서의 성공을 촉진할 것입니다. MIND의 튼튼한 현금 위치와 자원이 시장의 요구를 지원하고 배당 정책을 지속할 것입니다.
약 188만 달러의 현금으로 평가된 이번 인수는 인수 관련 항목을 제외하고, 2025 회계 연도부터 주당 수익에 대해 약간의 증가 효과가 있을 것으로 예상됩니다. 거래는 일반적인 마감 요건에 따라 곧 완료될 예정입니다. MIND의 재무 결과에는 2025년 1분기부터 Aurenz의 성과가 포함됩니다.
MIND C.T.I. (NasdaqGM: MNDO) a annoncé un accord définitif pour acquérir Aurenz GmbH, un fournisseur leader de solutions d'analyse UC et de comptabilité des appels en Allemagne. Fondée en 1983, Aurenz s'intègre parfaitement dans les systèmes UC, améliorant l'efficacité opérationnelle et la satisfaction des clients.
Jürgen Dagutat continuera en tant que Directeur Général, garantissant la continuité et renforçant les partenariats. Cette acquisition vise à renforcer la position de MIND sur le marché européen en tirant parti de la solide réputation et de l'expertise d'Aurenz.
Selon Ariel Glassner, PDG de MIND, la forte présence de marché d'Aurenz et son équipe expérimentée vont favoriser le succès de MIND sur les marchés européens. La position de trésorerie robuste de MIND et les ressources disponibles souteniront les besoins du marché et préserveront sa politique de dividendes.
L'acquisition, évaluée à environ 1,88 million de dollars en espèces, devrait avoir un impact marginal sur le bénéfice par action, à l'exclusion des éléments liés à l'acquisition, à partir de l'exercice fiscal 2025. La transaction sera bientôt finalisée, sous réserve des exigences de clôture habituelles. Les résultats financiers de MIND incluront la performance d'Aurenz à partir du premier trimestre 2025.
MIND C.T.I. (NasdaqGM: MNDO) gab eine endgültige Vereinbarung zur Übernahme von Aurenz GmbH bekannt, einem führenden Anbieter von UC-Analytik und Anrufabrechnungslösungen in Deutschland. Gegründet im Jahr 1983, integriert sich Aurenz nahtlos in UC-Systeme und verbessert die Betriebseffizienz sowie die Kundenzufriedenheit.
Jürgen Dagutat wird weiterhin als Geschäftsführer fungieren und somit Kontinuität gewährleisten und Partnerschaften stärken. Diese Übernahme zielt darauf ab, die Position von MIND auf dem europäischen Markt zu stärken und dabei die solide Reputation und Expertise von Aurenz zu nutzen.
Laut Ariel Glassner, CEO von MIND, wird die starke Marktpräsenz von Aurenz und das erfahrene Team den Erfolg von MIND auf den europäischen Märkten steigern. Die robuste Liquiditätsposition und die Ressourcen von MIND werden die Marktbedürfnisse unterstützen und zur Aufrechterhaltung der Dividendenpolitik beitragen.
Die Übernahme, die auf etwa 1,88 Millionen Dollar in bar geschätzt wird, wird voraussichtlich ab dem Geschäftsjahr 2025 einen marginalen Gewinn pro Aktie-Beitrag leisten, wobei akquisitionsbezogene Posten ausgeschlossen sind. Die Transaktion wird in Kürze abgeschlossen, vorbehaltlich der üblichen Abschlussanforderungen. Die finanziellen Ergebnisse von MIND werden die Leistung von Aurenz ab dem ersten Quartal 2025 umfassen.
- Acquisition strengthens MIND's position in the European UC analytics market.
- Aurenz's established reputation and expertise expected to boost MIND's success.
- MIND's financial results to include Aurenz's performance starting Q1 2025.
- Acquisition anticipated to be marginally accretive to earnings per share in fiscal 2025.
- Acquisition cost of $1.88 million could strain financial resources if not effectively managed.
- Integration challenges may arise, potentially impacting operational efficiency.
Insights
MIND CTI's strategic acquisition of Aurenz GmbH for
The immediate accretive impact on EPS, even if marginal, indicates positive synergy potential. Aurenz's established presence in Germany provides MIND with an instant foothold in Europe's largest economy, while the retention of key management ensures operational continuity. The UC analytics market's growth trajectory, driven by enterprise digital transformation, positions this acquisition as a strategic entry point for expanded European operations.
From a financial perspective, the deal's structure preserves MIND's cash position while adding a revenue stream from Aurenz's existing customer base. This could potentially improve MIND's overall margin profile given the high-margin nature of software and analytics solutions.
The acquisition's technical synergy is particularly compelling in the UC analytics space. Aurenz's specialized expertise in call accounting and UC analytics integration complements MIND's existing billing solutions portfolio. The technical integration potential is significant - while MIND brings enterprise-grade billing infrastructure, Aurenz contributes deep expertise in real-time communication analytics and German market-specific implementations.
The combined technical capabilities create a more comprehensive UC analytics suite that can address the growing demand for integrated communication intelligence tools. Aurenz's quick integration capabilities with UC systems represent valuable intellectual property that can be leveraged across MIND's broader customer base. In simpler terms, this merger allows MIND to offer better tools for businesses to understand and improve how they communicate, both internally and with customers.
YOQNEAM, Israel, Jan. 10, 2025 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications (UC) analytics for enterprises as well as enterprise messaging solutions, today announced that it has signed a definitive agreement to acquire Aurenz GmbH (aurenz), a leading provider of UC analytics and call accounting solutions in Germany.
Founded in 1983, aurenz maintains a leading position in the field of call accounting and in recent years in UC analytics. aurenz solutions provide essential added value for unified communication systems, easily and quickly integrating into every UC implementation. aurenz prides itself on delivering outstanding service to ensure seamless installations and integrations. Jürgen Dagutat, in his role as Managing Director, will continue to lead the aurenz team, ensuring continuity and further strengthening partnerships.
UC analytics provides organizations with the data-driven insights necessary to optimize their communication strategies and with real-time feedback, to help identify and quickly resolve issues. UC analytics may also be used to enhance customer service interactions. By analyzing this data, companies can improve response times, identify common customer issues, and refine support processes to provide a better customer experience. In today’s competitive environment, UC analytics helps to enrich operational efficiency and to achieve superior customer satisfaction.
Ariel Glassner, Chief Executive Officer of MIND, commented: "This acquisition strengthens our position as a leading provider of UC analytics that can support businesses of all sizes. We believe that aurenz’s solid reputation and proven expertise in the German market, its strong existing partnerships, and the great team of highly experienced professionals in the UC industry puts MIND in a good position for increased success in the European markets. Given our cash position and our experienced organization, we believe that we are well positioned and have the required resources to respond to market needs and continue with our dividend policy."
Jürgen Dagutat, Managing Director of aurenz, commented: "The team at aurenz is genuinely enthusiastic about joining forces with a publicly listed company that offers global reach, robust financial strength, and a deep focus on our core markets. This merger creates substantial value for all partners and customers of both MIND and aurenz, as it combines the strengths of the two companies."
MIND acquires aurenz for up to approximately
The acquisition is anticipated to be completed shortly, subject to customary closing requirements.
About MIND
MIND CTI Ltd. is a leading provider of convergent end-to-end billing and customer care product-based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions. MIND provides a complete range of billing applications for any business model (license, SaaS, managed service or complete outsourced billing service) for Wireless, Wireline, Cable, IP Services and Quad-play carriers. A global company, with over twenty-five years of experience in providing solutions to carriers and enterprises, MIND operates from offices in Israel, Romania, Germany and the United States.
Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward-looking statements", expectations of the results of the Company’s business optimization initiative, integration of the company’s acquisitions and its projected outlook and results of operations. These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward-looking statements involve risks, uncertainties, and assumptions, including, but not limited to, economic conditions in our key markets, as well as the risks discussed in the Company's annual report and other filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information.
For more information please contact:
Andrea Dray
MIND C.T.I. Ltd.
Tel: +972-4-993-6666
investor@mindcti.com
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