Sign up Australia
Proactive Investors - Run By Investors For Investors

Buddy Platform has a growth plan following its largest distribution deal

The halt will remain in place until Monday 30th October 2017.
Buddy Platform has a growth plan following its largest distribution deal
The company's shares are in pre-open

Buddy Platform Ltd (ASX:BUD) recently secured its largest distribution deal to date, having executed a nationwide resale and distribution agreement with Ingram Micro Canada, part of the world’s largest distributor of technology products.

The agreement will give Buddy access to Ingram Micro’s national network of resellers.

Buddy provides highly scalable Internet of Things data aggregation and management infrastructure.

The company has now attracted investment from sophisticated investors to fund growth, and the ASX has granted a trading halt to prepare details.

The halt will remain in place until the opening of trade on Monday 30th October 2017, or earlier if an announcement is made to the market.

View full BUD profile View Profile

Buddy Platform Ltd Timeline

Related Articles

1520437311_Kwale-workers.jpg
August 29 2018
The Kwale mine in Kenya is now a major player in the ilmenite, rutile and zircon markets
1539165351_Tertiary---exploration-in-Sweden.jpg
October 10 2018
Tertiary Minerals has a unique portfolio of fluorspar assets in Europe and the US
1528701921_Minto-mine.jpg
June 11 2018
Pembridge has secured US$30mln from a major Japanese trading house

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use