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Beaconsmind Ag Acquires Controlling Stake In Wifi Hotspot Service Provider Frederix Hotspot And Extends Its Value Chain

PRIVATENov 21, 2022

Acquiring Company

beaconsmind

Acquired Company

FREDERIX

GermanySoftwareE CommerceRetailLocation Based ServicesRetail TechnologyHardwareSoftwareWireless

Description

Regulatory News:

Quick answer

beaconsmind is acquiring FREDERIX, announced November 21, 2022.

How much did beaconsmind pay for FREDERIX?
The deal value was not disclosed.
What does beaconsmind do?
Founded in 2015 in Switzerland, beaconsmind AG is a pioneer in the field of location-based marketing (LBM) software for retail chains.
Where are beaconsmind and FREDERIX based?
FREDERIX is based in Germany.

Source: Fundz verified event record.

Other recent acquisitions in E Commerce and Retail

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Company Information

Company

beaconsmind

About

Founded in 2015 in Switzerland, beaconsmind AG is a pioneer in the field of location-based marketing (LBM) software for retail chains. By fitting stores with Bluetooth beacons that precisely locate and identify customers, and by integrating its Software Suite, beaconsmind opens a brand-new channel for retailers to interact with their customers. Thanks to its solution, retailers can converge digital and physical shopping and address the convenience gaps of each. The shares of the company (ISIN: CH0451123589 – Ticker: 81D) are listed on the Frankfurt Stock Exchange with XETRA trading and on Euronext in Paris.. For more information, please visit www.beaconsmind.com

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Frequently asked

Who acquired FREDERIX?

FREDERIX was acquired by beaconsmind. The deal was reported on November 21, 2022. Founded in 2015 in Switzerland, beaconsmind AG is a pioneer in the field of location-based marketing (LBM) software for retail chains. beaconsmind is privately held and operates in Software.

When did beaconsmind acquire FREDERIX?

beaconsmind's acquisition of FREDERIX was reported on November 21, 2022. Regulatory News: Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does FREDERIX do?

FREDERIX is a Hannover, Germany, based provider for corporate Wifi solutions (FREDERIX Hotspot) and a developer of smart, cloud-based W-LAN hotspot technologies (FREDERIX Cloud Wifi) with Lidl global account as a major customer. It is privately held, operating in Hardware, and is based in Germany.

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