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Gamma Communications Completes Acquisition of STARFACE

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Gamma Communications Completes Acquisition of STARFACE

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Gamma Communications ( (GB:GAMA) ) just unveiled an announcement.

Gamma Communications plc, a prominent provider of communication services, has completed its acquisition of SF Technologies Holding GmbH, known as STARFACE, a leader in business communication software in Germany. This acquisition, funded through a combination of a Revolving Credit Facility and existing cash resources, allows Gamma to strengthen its cloud communication offerings in the DACH region and accelerate innovation, enhancing its competitive position in the European market.

More about Gamma Communications

Gamma Communications plc is a leading provider of technology-based communication services across Europe, focusing primarily on the UK market where it serves SME, Public Sector, and Enterprise markets. The company offers Unified Communications, mobile, security, and connectivity services, enabling robust business communication solutions. With a vision for a better-connected world, Gamma aims to expand its presence in Europe, currently involving operations in Germany, Spain, and the Benelux region.

YTD Price Performance: -11.11%

Average Trading Volume: 215,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.29B

See more data about GAMA stock on TipRanks’ Stock Analysis page.

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