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Pivot Technology Solutions Inc. T.PTG

Technology
"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."


TSX:PTG - Post by User

Pivot Technology Solutions Inc. > Sale of Smart Edge™ to Intel
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Comment by lscfaon Oct 15, 2019 8:51am
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Post# 30230705

RE:RE:Sale of Smart Edge™ to Intel

RE:RE:Sale of Smart Edge™ to Intel

Smart Edge expenses of about $6 mil/yr were built into Pivot SG&A so that should disappear with sale and Pivot will just earn revenues from reselling Smart Edge to end users.   


gil0256 wrote:

not sure if i take it as a good news or bad news?

for sure it brings $30M CAD cash but i thought smart edge future potential was more than it $30M CAD?



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