TSXV:PLUR - Post Discussion
Post by
waves1 on Aug 29, 2022 2:47pm
PLUR acquires CloudCodes Software!
PLUR has acquired CloudCodes Software, an award-winning cloud access security provider with a global customer base! CloudCodes is a leading provider of unique cloud security SaaS enterprise solutions for protecting email and group collaboration platforms and other cyber security products including SSO, MFA, and DLP solutions. For the year ended March 31, 2022, CloudCodes generated ~$572,000 in product revenue. This is PLUR's third acquisition to date, enabling an expansion of its product line with access to new zero trust cybersecurity solutions and an entrance to the cloud access security market. Additionally, this acquisition is beneficial for CloudCodes as they can leverage PLUR's financial resources, deep security information technology, AI capabilities and expertise, and top-tier sales team to optimize operations. This is a significant move for PLUR to drive its sales growth while gaining a larger footprint in the global zero trust cyber security industry by entering the CASB market. https://ca.finance.yahoo.com/news/plurilock-completes-acquisition-cloudcodes-software-110000243.html
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