Shares of Route Mobile surged 10 per cent to Rs 1,947.75 on the BSE in intra-day trade on Friday after the company announced the signing of definitive agreements to acquire the artificial intelligence-driven email communication platform Sendclean from Sarv Webs Private Limited (“Sarv”). The stock had hit a 52-week high of Rs 1,979 on February 17, 2021. Route Mobile is one of the leading cloud communication platform service providers to enterprises, over-the-top (“OTT”) players and mobile network operators. The company’s portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics and monetisation. Besides Sendclean, Sarv platform also provides a plethora of cloud telephony and related solutions to enterprises.
Route Mobile Limited boosts capabilities of its omni-channel CPaaS Platform by signing definitive agreements to acquire business email technologies from Sarv on a slump sale basis
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Route Mobile Limited signs definitive agreement to acquire Phonon Communications Private Limited
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MarineMax CEO Brett McGill on the future of the industry giant 1 March 2021 11:30 Business
Georgia Tindale
When news broke in July 2019 that Fraser had been acquired by the US’ largest boat dealer, MarineMax, from the Azimut|Benetti Group, the superyacht industry sat up and took note. Here, we sit down with CEO Brett McGill to learn what is next in the pipeline.
Photo: MarineMaxNot only did the move add the Benetti Class of yachts to MarineMax’s motor yacht offering, but also “dramatically increase [MarineMax’s] presence and strength in the strategically important superyacht category ” according to a statement released at the time from CEO Brett McGill. And, as if that wasn’t enough to get the industry talking, MarineMax hit the headlines once again through its purchase of brokerage house Northrop & Johnson in July this year.