COSOL Limited Enhances Data Capabilities with Toustone Acquisition

Cosol Limited (AU:COS) has released an update.

COSOL Limited has successfully acquired Australian data analytics firm Toustone Pty Ltd, enhancing its data management capabilities and client offerings. This strategic acquisition, valued at up to $22.4 million, is set to boost COSOL’s proprietary IP and expand its client base in the transport and infrastructure sectors. The deal is expected to be immediately earnings accretive, fortifying COSOL’s position in the market.

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