Comintelli AB Goes Public and Shares Begin Trading on Spotlight Stock Market
Comintelli, a leading provider of cloud-based market- and competitive intelligence software, is proud to announce that the company has gone public and its shares began trading on Spotlight Stock Market in Stockholm on November 19th.
STOCKHOLM, Nov. 21, 2018 /PRNewswire-PRWeb/ -- Comintelli, a leading provider of cloud-based market- and competitive intelligence software, is proud to announce that the company has gone public and its shares began trading on Spotlight Stock Market in Stockholm on November 19th. Please view a film from the opening ceremony here!
Under the ticker symbol COMINT, the share price soared by 37, 6 percent during the first day of trading. Please find more information about the Comintelli share at the newly launched Investor Relations web page.
On November 1, 2018, a public share issue of a total 6,9 MSEK was completed for listing on Spotlight Stock Market. The share issue was greatly oversubscribed by about 450 percent.
"Being publicly listed is a noteworthy seal of quality for Comintelli and the funds raised will be used to help us significantly increase our marketing of Intelligence2day® (http://www.intelligence2day.com) and expand our sales channels," says Jesper Martell, CEO of Comintelli. "We are now set to continue the growth and profitability we've had over the recent years."
For more information:
Jesper Martell
CEO, Comintelli AB
Phone: 0706-229 831
Email: jesper.martell(at)comintelli.com
Web: http://www.comintelli.com
About Comintelli AB
Comintelli is a Swedish software company, founded in 1999 as a spin off from the telecommunications company Ericsson. Comintelli develops and licenses a cloud-based service for competitive and market intelligence called Intelligence2day®. The service is used by companies of different sizes in order to create meaning and insight out of a vastly growing volume of digital information. This type of information is often unstructured and derived from a very large number of different sources.
Intelligence2day® is particularly suited for companies that are active in industries categorized by rapid change and large volumes of unstructured information. For such companies it is of great importance to constantly monitor and identify factors such as trends, threats and opportunities and to adapt their strategies accordingly.
A majority of Comintelli's customers are found within the industries of Chemicals/Energy, Pharmaceuticals/Healthcare and IT/Telecom. Examples of such customers are AkzoNobel, DSM, Essity, Telia and Tetra Pak.
During 2015 Comintelli undertook a major shift in strategy, resulting is a cloud-based business model with more standardized and scalable solutions. New customers are now up and running in much shorter time frames than before which has enabled the growth during the recent years.
SOURCE Comintelli.
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