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Ann: TSN to Acquire Profitable Cloud & Cloud Security Business, page-14

  1. 5,179 Posts.
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    Hey Tony,


    Good to see you on TSN threads again. I've been very quiet as well. Quieter than you, however this week - I am super excited!


    Picked this summary up from a presentation; 


    "CloudTen ticks a lot of the right boxes going forward (source: presentation):"


    " * Strong business fundamentals (strong PBT, blue chip clients, high profit margins)Highly attractive industry with future growth, partnership with     clear global leader,

       * AWS, growth wave expected for next decade

       * Earnings and value accretive, highly accretive to TSN ($200k profit to $2M+ profit from this transaction)

       * Founders are committed to staying with the business for at least 4 years.  "

    Certainly these acquisitions are game changer. One of which we have waited for for many years!


    All the best


    Gracie

 
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