* Board Declares Cash Dividend * MIND CTI to Host Annual Meeting of Shareholders
YOQNEAM, Israel, Jan. 10, 2025 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications (UC) analytics for enterprises as well as enterprise messaging solutions, today announced that it has signed a definitive agreement to acquire Aurenz GmbH (aurenz), a leading provider of UC analytics and call accounting solutions in Germany.
MIND C.T.I's major telecom product is seeing increased competition. MIND C.T.I has maintained very stable financials with minimal decline but also very limited growth potential. A major initiative for the company is to acquire new high-growth businesses.