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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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.