INFRAX Establishes New Subsidiary for Strategic Acquisitions

INFRAX SYSTEMS, Inc. (OTCBB: IFXY), a global provider of interrelated operational management, and communications related products and services for the Telecommunications and Energy industry, today announced that the Company has established a new subsidiary company for Merger and Acquisitions: INFRAX Acquisition, Inc.

Paul J. Aiello, CEO of INFRAX, stated, "The Board recently agreed with our plan to establish an entity for strategic acquisitions. INFRAX has operated in the telecommunications sector for several years and the creation of an acquisition subsidiary will facilitate our entry into other infrastructure segments. INFRAX, with the subsidiary, will be targeting Smart Grid technology companies, last mile facilitators and various partners to deliver its new and existing products."

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.