Israel-based MIND C.T.I. LTD (MNDO), Friday announced a definitive agreement to acquire Aurenz GmbH, a German-based top provider of UC analytics and call accounting solutions, for upto approximately $1.88 million in cash.
The company added that the deal is expected to slightly boost earnings per share, excluding acquisition-related expenses, starting in fiscal 2025. Aurenz's financial results will be included in MIND's reporting from the first quarter of 2025.
Following the acquisition, which is set to close soon, Jurgen Dagutat will remain as Managing Director of Aurenz, continuing to lead the team and enhance partnerships.
Wednesday, MNDO closed at $2.02 or 0.25 percent lower on the Nasdaq.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.