Business
TextMagic AS sells its subsidiary
TextMagic AS sells its
About this update from Textmagic As
TextMagic AS has signed an agreement to sell its subsidiary Edicy OÜ to Erply Inc. for 800 thousand euros. Edicy OÜ manages the website and e-commerce management platform Voog, as well as the landing page creation tool Edicy. TextMagic AS acquired the company in June 2023, and the reason for the sale is a difference in business direction. Additional information: Getter Grünmann TextMagic AS, CFO [email protected] https://investor.textmagic.com