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Memopal buy a rare boost for Defenx plc, says finance chief

Philipp Prince, chief financial officer of Defenx (LON:DFX) tells Proactive that the recent deal to acquire cloud-backup business Memopal will really enhance its offering for channel partner brands.
“It’s a one-stop-shop solution that we will really enjoy integrating into our offering,” he says.
“What they offer makes them very rare in the market.”
The acquisition adds ten technologists to the table, says Prince, which is a big boost of talent for the team.
It also gives it access to the location in Rome, which Prince says is a good place to expand the business and bring in more talent.
“The Memopal buy is absolutely on message with our strategy,” says Prince.

Quick facts: Defenx PLC

Price: 1.6 GBX

AIM:DFX
Market: AIM
Market Cap: £465.9 k
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