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Dropsuite Announces Proposed Acquisition by NinjaOne

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An update from Dropsuite ( (AU:DSE) ) is now available.

Dropsuite Limited has announced a proposed acquisition by NinjaOne Australia Pty Ltd through a scheme of arrangement, pending approval from Dropsuite shareholders and the Federal Court of Australia. This acquisition, if approved, could significantly impact Dropsuite’s operations and market positioning, potentially enhancing its capabilities and reach within the cloud software industry.

More about Dropsuite

Dropsuite is a cloud software platform that enables businesses to easily backup, recover, and protect their important business information. The company is committed to advanced, secure, and scalable cloud technologies, positioning itself at the forefront of the industry and making it a preferred choice for leading IT Service Providers globally.

Technical Sentiment Signal: Sell

Current Market Cap: $267.7M

For an in-depth examination of DSE stock, go to TipRanks’ Stock Analysis page.

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