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Spectral Capital Completes Acquisition of 42 Telecom Ltd.
Prnewswireยท 2025-08-04 12:07
Core Insights - The acquisition of 42 Telecom Ltd. by Spectral Capital Corporation is expected to transform 42 into a powerful enterprise-scale CRM and messaging platform, leveraging AI and quantum technologies [1][3][4] - The deal guarantees 42 Telecom will generate at least $16 million in profitable revenue for the fiscal year 2025 [2] Company Overview - Spectral Capital Corporation focuses on the convergence of artificial intelligence and quantum computing, with a robust intellectual property portfolio nearing 500 patents [7][8] - 42 Telecom Ltd. is a global provider of carrier-grade international messaging services, known for its fraud mitigation infrastructure and integration of blockchain frameworks [10] Acquisition Details - Spectral acquired 100% of 42 Telecom's shares in exchange for 8 million shares of Spectral common stock, with an additional 8 million shares held in escrow [2] - The acquisition closed on August 3, 2025, following the satisfaction of all conditions in the Definitive Share Exchange Agreement [1] Strategic Implications - The integration of Spectral's 31 patent-pending innovations into 42's messaging infrastructure is expected to enhance intelligent automation, fraud prevention, and predictive engagement [3] - This strategic move positions 42 to capture market share in the high-margin U.S. enterprise segment, differentiating itself from legacy providers [3][4]