Sebring Software, Inc. (OTC BB: SMXI) is an emerging collaborative software integration company offering on premises and CLOUD based solutions to a variety of enterprise customers, both directly and through a network of technology partners, distribution partners, and resellers.
Sebring Software’s business plan is to license and acquire software platforms that reduce IT infrastructure costs and increase enterprise efficiency, productivity, and profitability.
Sebring has been as high as $1.55 in the last 52 weeks.
Sebring Software, Inc. announced the recent signing of a definitive agreement to acquire Scalix Corporation from Xandros, Inc. Scalix was acquired by Sebring for a total purchase price of $12 million or 5.66 times 2010 revenues.
The Scalix e-mail and calendaring platform is used by over 1,300 corporations in more than 65 countries.
Sebring is on the brink of signing a major contract with none other than:
YES, Hewlett-Packard!!! This will be huge!
In the U.S. there are approximately 47,300 corporations with more than 500 employees each just within the manufacturing sector alone. These are within Sebring Software’s target market segment.
Add Sebring Software, Inc., SMXI.OB, to your watch list.
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