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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Mon., Jun. 5, 6:28 PM Recent mergers and acquisitions in the Application Software M&A category.

Slide #6. Remark Media Hotelmobi

Acquirer: Remark Media (NASDAQ:MARK)
Acquiree: Hotelmobi
Details: Remark Media, Inc. (NASDAQ: MARK), a global digital media company, today announced the acquisition of Hotelmobi, a company engaged in the development, ownership and operation of hotel booking applications. Hotelmobi plans to launch its widely anticipated "Roomlia" application in the third quarter of 2014.

Remark Holdings is a holding company. Through its subsidiaries, Co. in engaged in the global technology business with artificial intelligence (AI) and data-analytics, as well as a portfolio of digital media properties. The primary focus of Co.'s business is promoting and facilitating the safety of its customers and their customers through its Smart Safety Platform (SSP). Co. customizes and sells its AI-based computer vision products and solutions, including the SSP, to customers in the retail, construction, public safety, workplace safety and public sector markets. Co. has also developed versions of its solutions for application in the transportation and energy markets.

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Company Name:  Remark Holdings Inc
Sector:  Application Software
Number of ETFs Holding MARK:  4
Total Market Value Held by ETFs:  $654721
Total Market Capitalization:  $19.00M
% of Market Cap. Held by ETFs:  3.45%

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June 5, 2023    6:28 PM Eastern
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Strong Buy (4.00 out of 4)
100th percentile
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