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Covata updates on transition to content services and dataglobal acquisition

Covata Ltd (ASX:CVT) managing director Ted Pretty speaks to Proactive Investors on the company’s transition to content services and broadening the market as well as its acquisition of German company dataglobal GmbH.
 
Pretty notes the company has had some significant recent transactions and raised $2 million in additional capital earlier this year. 
 
Covata also agreed to sell the SafeShare part of the business for around $5 million.
 
This forms part of a transformation as the company plans to trade in future as dataglobal Limited after completing the acquisition of the German-based company.

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ASX:CVT
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Full interview: Cipherpoint new name of Covata as part of refocus

Cipherpoint Ltd (ASX:CPT) chief executive officer and managing director Ted Pretty updates Proactive on a name change and rebranding for the global tech data solutions company formerly known as Covata Ltd (ASX:CVT). The CEO, who says the company expects to be trading on the ASX under...

on 19/12/19

2 min read