Friday, 24 March, 2023

STL Divests Telecom Software Division to Skyvera for $15 Million

<p>STL has agreed to sell its telecom software division to Skyvera for $15 M, in a strategic move for both companies in the rapidly growing tech industry. The divestment allows STL to focus on its core business and expand into other areas, while Skyvera acquires a valuable asset in the competitive tech market. This deal highlights the changing dynamics of the industry and the need for companies to stay ahead of the curve through investments, partnerships and divestments.<br /> &nbsp;</p>