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IN BRIEF: Allied Minds Investee TableUp Acquired By TouchBistro

Wed, 05th Aug 2020 11:57

Allied Minds PLC - US-based intellectual property commercialisation company - Portfolio company TableUp Inc acquired by TouchBistro Inc in stock deal. Terms of the acquisition were not disclosed. A total of 2.5 million shares of TouchBistro will be paid to Allied Minds valued at USD6.0 million. TableUp provides loyalty and marketing solutions for the restaurant industry. TouchBistro Inc is a Toronto-based software company that develops a restaurant point of sale system for Apple Inc's iPad.

Current stock price: 42.68 pence

Year-to-date change: down 17%

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Allied Minds Hires Fritz Foley As Independent Non-Executive Director

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Allied Minds 2017 Loss Narrows On Reduced Costs And Revenue Growth

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13 Dec 2016 07:43

Allied Minds To Work With Boston University On Heart Monitoring Device

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Allied Minds teams up with Boston University to develop cardiac tech

(ShareCast News) - US science and technology developer Allied Minds is to form a new subsidiary, Signature Medical, to work with Boston University to develop a wearable device to monitor heart failure. Signature Medical has secured a worldwide option to license patent rights from the universit

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2 Dec 2016 07:37

Allied Minds raises £64m to fund further investment in tech

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Allied Minds to develop thin films tech with Penn State

(ShareCast News) - US science and technology developer Allied Minds has created a new subsidiary Vatic Materials, which has agreed to license certain materials technologies from Pennsylvania State University. Vatic Materials is to focus on developing materials and fabrication processes for transpare

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