Arcturus acquires revenue generating app portfolio.
TELECOMWORLDWIRE-October 7, 2016-Arcturus acquires revenue generating app portfolio
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Arcturus Growthstar Technologies Inc. (CSE: AGS) (OTC Pink: AGSTF) has closed on its transaction to acquire a large portfolio of revenue generating Apps and source code, the company said.
This all-stock acquisition brings on a seasoned team of app developers, which instantly expands the Company's tech portfolio and positions Arcturus for rapid rollout of a suite of marijuana centric apps. It also positions the Company to receive consistent monthly income, as the App Portfolio's trailing 12-month EBITDA was USD USD139,000 or CDN USD183,000.
Arcturus Growthstar Technologies operates as an investment company. The company offers capital goods investment, online asset management, and benchmarking and analysis services. It conducts its business in Canada.
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|Article Type:||Brief article|
|Date:||Oct 7, 2016|
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