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Ecoark Takes Steps to Acquire 440labs (Arkansas Democrat Gazette)



2024-03-15 12:37:56 News & Society

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Ecoark Holdings Inc., Roger?s company that focuses on reducing waste in operations, logistics and supply chains, is acquiring software development and information solutions provider 440labs.

Ecoark said it has completed a nonbinding term sheet to acquire the Massachusetts Company in an all-stock transaction. 440labs has partnered with Zest Labs an Ecoark subsidiary for the past four years, providing cloud solutions and mobile applications.

Ecoark Chief Executive Officer Randy May said in a statement that the transaction is consistent with the company?s capital deployment strategy of acquiring ?high performing niche businesses.? 440labs? name, brands, and office locations will not change as a result of the transaction.

?440labs is a terrific company with clear leadership in its niche market, strong technical expertise with numerous growth opportunities, and a management team that will thrive as part of Zest Labs,? May said in the statement.

Company :-ECOARK HOLDINGS, INC

User :- ECOARK HOLDINGS, INC

Email :-info@ecoarkusa.com

Phone :-47925-92977-

Mobile:- -

Url :- http://www.ecoarkusa.com






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