Tuesday, 02 January 2024 12:17 GMT

Textmagic AS Sells Its Subsidiary


(MENAFN- GlobeNewsWire - Nasdaq) TextMagic AS has signed an agreement to sell its subsidiary Edicy OÜ to Erply Inc. for 800 thousand euros.

Edicy OÜ manages the website and e-commerce management platform Voog, as well as the landing page creation tool Edicy. TextMagic AS acquired the company in June 2023, and the reason for the sale is a difference in business direction.


Additional information:
Getter Grünmann
TextMagic AS, CFO
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