Martello Technologies Group Inc V.MTLO

Alternate Symbol(s): DRKOF

Technology Information Technology Services

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company's segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is developed by it and sold by Mitel to its channel partners and enterprise customers to monitor and manage the performance of Mitel unified communications solutions. e Vantage DX provides Microsoft 365 and Microsoft Teams end user experience monitoring and optimization. It develops software that monitors and optimizes the user’s experience of enterprise cloud communications and collaboration systems to help IT teams. Its Legacy Software Products, which include Gizmo, iQ, LiveMaps and Domino. It operates in Canada, the United States and Europe, the Middle East and Africa (EMEA).

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Martello Technologies Group Inc > question for the agm

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Comment by PatiencePays123on Sep 16, 2021 1:39pm

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RE:RE:RE:question for the agm

Well this is certainly very interesting. Perhaps Vistara will orchestrate a merger of equals...

Hertevald wrote: AUSTIN, Texas, March 16, 2021 /PRNewswire/ -- Vyopta, the Collaboration Intelligence Company, today announced it has raised US$8 million in growth capital from Vistara Capital Partners. Vyopta will use the funding to fuel customer acquisition and accelerate adding new monitoring and analytics features that improve the quality of collaboration helping organizations better connect, serve and innovate.

Martello investors will, of course, remember that Vistara loaned Martello US$8 million at 12.5% interest to buy GSX. This was a 3 year term loan. Some may wonder whether Martello will generate enough free cash flow to repay this loan when it comes due in Spring 2023.

A further snippet from the above press release:
Vyopta's customers include hundreds of organizations worldwide spanning 20+ industries including leading companies and government institutions, such as AstraZeneca, Visa, Department of Veterans Affairs and Shared Services Canada.