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Stock Market & Financial Investment News

News Breaks
August 15, 2014
07:06 EDTSMTPSMTP, Inc. to acquire GraphicMail, SharpSpring
SMTP announced the company entered into two separate agreements for the accretive and strategic acquisitions of GraphicMail and SharpSpring, a move that will strengthen SMTP's position as a leading integrated marketing technology and services provider focused on delivering customer success. SharpSpring is expected to close before the end of August and GraphicMail is expected to close before the end of December. The company said, "From an investor's perspective, we anticipate these acquisitions to catapult us from $6M in revenue with modest growth to more than $10M in revenue with a greatly accelerated growth trajectory. After closing, we expect these acquisitions to provide significant long-term strategic benefits."
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