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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
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  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
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Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

Elys Game Technology Corp (NASDAQ: ELYS) is engaged as a global interactive gaming and sports betting technology company. Shares of the gaming company are rallying 43% through early trading on Thursday, February 2, 2023. Over the past three months, Elys Game Technology Corp has seen average daily volume of 3.30 million shares. However, volume of 39.71 million shares or dollar volume of around $42.49 million, has already exchanged hands through early trading.

Shares of Elys Game Technology Corp are gaining after the company announced it has completed the acquisition of Engage IT Services, S.r.l., a premium software engineering and IT development firm. Engage IT has an established reputation as being a top developer of sportsbook and gaming apps for the cloud, web and mobile platforms. The IT developer also has experience in digital transformation consulting, project & product management, Microsoft integrations, and more.

The acquisition by Elys will help to bolster their in-house engineering capabilities and help address “the abundance of incoming business,” according to the company. Elys Game Technology also sees the acquisition as a key component for its plans to build a global virtual gaming platform.

Engage IT Services was originally founded in 2016 and is based out of Italy. The IT developer employs 30 employees across various specializations: architects, developers, software engineers, and more.

The acquisition was structured to be equity-based under a Share Purchase Agreement. Under the agreement, Elys will issue 3,018,462 shares of common stock, valued at 1.08 million Euro. Engage will now become a wholly owned subsidiary of Elys.

“With the acquisition of Engage we fulfill our strategy of creating a prominent in-house engineering base for the Group. Engage brings the perfect blend of engineering excellence, overlapping corporate culture, and regional presence that we are confident will make a lasting positive impact on Elys, leveraging off their resources and years of experience to expand our service offerings and to enhance our services to our customers and employees,” stated Michele Ciavarella, Executive Chairman of Elys Game Technology. “Prior to the acquisition of Engage, our global team of strategists, designers, and technologists had worked almost exclusively with Engage to create powerful digital experiences for users and platforms that were designed to facilitate rapid development and delivery of customized sportsbook applications. We believe that, after the close collaboration that we have had with the Engage team, that this acquisition was a natural progression for Elys in its journey to become a leading provider of end-to-end sportsbook solutions for both B2B and B2C customers.”

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company appeared first on Spotlight Growth.

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