Tempo, an associated company of Origo today announced the acquisition of Roadmunk, Inc. (“Roadmunk”), based in Ontario, Canada.
Roadmunk is a roadmap visualization platform for building and communicating product strategy.
Annual Revenue of the business is approximately USD 12.5 million and cash flow positive.
The acquisition is financed through Tempo with no issuance of shares for this transaction. Origo hf ownership in Tempo will remain unchanged.
The transaction is expected to be completed imminently.
Further information is in the attached press release from Tempo.