Enghouse Systems to Acquire MIND C.T.I.

Enghouse Systems has announced an agreement to acquire MIND C.T.I. Ltd. (MIND CTI) in an all-cash transaction worth approximately US$25.4 million, expanding its telecommunications and enterprise communications software portfolio.Under the agreement, Enghouse will acquire all outstanding MIND CTI shares for US$1.30 each, representing a 42% premium over the company’s average closing share price of US$0.92 during the previous 30 trading days.The transaction has been unanimously approved by both c