Espaitec-basec company Cuatroochenta acquires two management systems and cybersecurity companies to start trading on the stock market



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## Espaitec-basec company Cuatroochenta acquires two management systems and cybersecurity companies to start trading on the stock market

17/09/2019 |
SCP

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* [![ espaitec-cuatroochenta Cuatroochenta_w](/com/noticies/2019/7/2q/espaitec-cuatroochenta/Cuatroochenta_w.jpg)](#)

Cuatroochenta, a company located in the Scientific, Technological and Business Park of the Universitat Jaume I, Espaitec, has closed the acquisition of two benchmark technology companies, Asintec and Sofistic, accompanied by a round of financing with the entry of new partners, in compliance with its strategic plan after a year of work. An inorganic growth that means increasing its turnover to 5 million euros, the Ebitda (Earnings before interest, taxes, depreciation and amortization) to 1 million and the workforce to 80 people. The objective is to complete its preparation for the Alternative Stock Market (MAB).

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