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TIE Announces New Strategic Alliance With Intertrade Systems - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

TIE Holding N.V. (TIE) announced it has reached a partnership agreement that includes the sale of its EDGE Desktop business in the US to Intertrade Systems Inc.

As part of alliance, InterTrade has acquired the full EDGE Desktop Product Portfolio and will manage the day-to-day support and service for all EDGE customers. The sale of the EDGE business is consistent with the company's new focus on the TIE Kinetix portfolio which consists of three platforms: the TIE Kinetix Content Syndication Platform, the TIE Kinetix Business Integration Platform and the TIE Kinetix E-Commerce Platform.

In addition, Intertrade will connect to the TIE Kinetix Business Integration Platform to provide additional network capacity in the North American market.

TIE has ceased the development of the EDGE as part of the Kinetix refocus and employees have been transferred within the company to further help the development of the three focus platforms.

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