Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Nasdaq Tech Stock Acquires Leading Media-Tech Company

Stockhouse Editorial
2 Comments| October 15, 2021

{{labelSign}}  Favorites
{{errorMessage}}

Click to enlargeMedigus Ltd. (NASDAQ: MDGS, Forum) announced this week that its affiliate Gix Internet (TASE: GIX), a global marketing technology solutions company for online performance-based-marketing, completed the acquisition of 70% of Cortex Group, an innovative media-tech company that has developed expertise in turning original content into a profit center through user traffic acquisition.

The acquisition was made through Gix subsidiary Gix Media, based on a Cortex pre-money valuation of approximately $15.6 million (USD), out of which Gix Media’s 70% stake constituting approximately $ 11 million (USD).

For full details on this news, click here.

Medigus is a technology company that works with advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions. The company recently invested in Safee, a Non-Fungible Token (NFT) technology company. Safee’s social network allows creators and collectors to easily create, own, engage, control and trade digital goods. Safee’s mission is to expand the reach of NFTs to mass market buyers and creators, digital artists, illustrators, photographers, musicians, regular consumer digital content creators and more. Medigus will invest $400,000 (USD) in Safee and will hold approximately 2.5% share in the company.

or more details on the company, visit medigus.com.


FULL DISCLOSURE: Medigus Ltd. Is a client of Stockhouse Publishing.


Tags:

{{labelSign}}  Favorites
{{errorMessage}}

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to be able to post a comment.

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today