Citel floated on Aim on 7 July 2006. A placing at 95p a share raised £8.2m (£7.4m net of expenses) and valued the company at £20.6m. It developed and sold Voice over Internet Protocol (VoIP) solutions for businesses. Tortel USA is paying $2.3m for the business. This may be adjusted up or down based on the value of stocks and work in progress.

Sector: Technology

News blog

  • Citel Posted: 02/05/2008
Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds