TextMagic AS sells its subsidiary

TextMagic AS has signed an agreement to sell its subsidiary Edicy OÜ to Erply Inc. for 800 thousand euros. 
 
Edicy OÜ manages the website and e-commerce management platform Voog, as well as the landing page creation tool Edicy. TextMagic AS acquired the company in June 2023, and the reason for the sale is a difference in business direction.

Additional information:
Getter Grünmann
TextMagic AS, CFO
[email protected]
https://investor.textmagic.com

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