Tadiran Telecom

OMNIQ ANNOUNCES Q3 2023 REVENUE OF $17.5 MILLION AND INCREASED GROSS PROFIT to 23%.

Retrieved on: 
Monday, November 13, 2023
EBITDA, Internet of things, Financial result, El Salvador International Airport, Depreciation, Food, Artificial intelligence, Tadiran Telecom, Supply chain, G&A, Automation, Partnership, Growth, Tax, Hospital, AI, Machine vision, Interest, MOD, Restaurant, Customer service, Video game, Clothing, Retail, Cryptocurrency, Pharmaceutical industry, Reinsurance, Bookkeeping, Q3

SALT LAKE CITY, Nov. 13, 2023 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions announces Q3 2023 revenue of $17.5M and Gross Profit of $4M.

Key Points: 
  • SALT LAKE CITY, Nov. 13, 2023 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions announces Q3 2023 revenue of $17.5M and Gross Profit of $4M.
  • Q3 2023 Revenue of $17.5 Million a 35% decrease vs Q3 2022 impacted by temporary delay of several large orders mainly related to the supply chain line of products.
  • Gross margin for the three months ended September 30, 2023, sequentially increased to 23% as compared to 19% in in Q2 2023 and 21% in Q1 2023.
  • Gross margin for Q3 2023 improved to 23% as compared with 22% in Q3 2022.

2bcloud Elevates Tadiran Telecom's Strategic Legacy to the Cloud

Retrieved on: 
Monday, December 11, 2023
Tadiran Telecom, Telecommunications, CRM, Microsoft Teams, Lead, Partnership, Azure, Communication, Microsoft Azure, Microsoft, Global Reach, Renewable energy

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- 2bcloud, a leading next-generation multi-cloud managed service provider for tech companies on their cloud journey, today announced the successful cloud transformation of Tadiran Telecom, a telecommunications pioneer with more than 60 years of industry leadership. This digital evolution marks a significant milestone in Tadiran's storied history, further cementing its global presence in more than 41 countries.

Key Points: 
  • With the cloud revolution reshaping the industry landscape, Tadiran Telecom recognized the need to modernize its legacy systems and solutions.
  • The company's transition from on-premises infrastructure to the cloud was driven by the necessity for scalability, agility, enhanced security, and a commitment to environmental responsibility.
  • To navigate this complex cloud journey and to support its thousands of users in North America and Israel, Tadiran partnered with 2bcloud, leveraging their deep expertise in Microsoft Azure to ensure a seamless and strategic migration that will also facilitate Tadiran's market expansion to Western Europe.
  • Tadiran Telecom's migration to Azure delivered the following results:
    Scalability: Tadiran gained the flexibility to adjust resources as needed, enhancing cost efficiency.

OMNIQ ANNOUNCES TERMINATION OF DEFINITIVE AGREEMENT TO ACQUIRE TADIRAN TELECOM

Retrieved on: 
Thursday, October 5, 2023
SALT, Tadiran Telecom, Artificial intelligence, Growth, LTD

SALT LAKE CITY, Oct. 05, 2023 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI)-based solutions, today announced that the Company has terminated its definitive agreement to acquire Tadiran Telecom from Afcon Holdings LTD.

Key Points: 
  • SALT LAKE CITY, Oct. 05, 2023 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI)-based solutions, today announced that the Company has terminated its definitive agreement to acquire Tadiran Telecom from Afcon Holdings LTD.
    On July 10th2023, the Company announced that it had entered into a definitive agreement to acquire Tadiran Telecom for $15.25M with a 60 day closing period.
  • As a result of certain conditions not being met, the Company along with Afcon Holdings LTD have mutually terminated the agreement.
  • The termination of the agreement releases the Company from its obligations to pay Afcon Holdings LTD $12.5M in cash and $2.75M worth of OMNIQ shares.
  • Due to certain unmet conditions and in collaboration with Afcon Holdings, LTD, we have made the decision to terminate the agreement.

OMNIQ ENTERS INTO A DEFINITIVE AGREEMENT TO ACQUIRE TADIRAN TELECOM A GLOBAL LEADER IN UNIFIED COMMUNICATIONS AND COLLABORATIVE (UC&C) SOLUTIONS

Retrieved on: 
Monday, July 10, 2023
Omni, Data management, Telecom, Communication, Unified communications, Bank statement, RFID, Software, Hospital, Shopping, Power, Transport, Supermarket, IP, Automation, UCAA, SALT, Human voice, Acquisition, UC, Supply chain, Tadiran Telecom, Earnout, Artificial intelligence, Bluetooth, Growth, Supply, Omnichannel, Government, Mobile phone, Far East, Organization, Collaboration

This strategic move enables omniQ to integrate the new UC&C capabilities with omniQ’s AI products delivering higher predictability, increased speeds with proactive real-time automated actions.

Key Points: 
  • This strategic move enables omniQ to integrate the new UC&C capabilities with omniQ’s AI products delivering higher predictability, increased speeds with proactive real-time automated actions.
  • SALT LAKE CITY, July 10, 2023 (GLOBE NEWSWIRE) -- OMNIQ Corp. ( NASDAQ: OMQS ) (“OMNIQ” or “the Company”) a leading provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has signed a definitive agreement to acquire Tadiran Telecom, an international provider of Advanced Unified Communications and Collaboration (UC&C) Solutions enhancing its software.
  • The company offers cloud communications and contact center solutions based on a Message, Video and Voice platform focused on highly secure, and reliable connectivity.
  • A potential performance based earnout clause of up to $0.75M if earned would be paid by issuing restricted non-discounted omniQ common stock.

Tadiran Telecom Announces Launch of New White Label UCaaS Partner Program

Retrieved on: 
Monday, November 4, 2019
Telecommunications, Teleconferencing, Videotelephony, Unified communications as a service, Tadiran Telecom, Unified communications, Tadiran

KENNESAW, Georgia, Nov. 4, 2019 /PRNewswire/ -- Tadiran Telecom a global provider of UCaaS, UC&C, Contact Center, and Control Room Solutions, today announced the launch of their new White Label Partner Program to support the Aeonix4Cloud, an enterprise UCaaS solution for mid-market customers.

Key Points: 
  • KENNESAW, Georgia, Nov. 4, 2019 /PRNewswire/ -- Tadiran Telecom a global provider of UCaaS, UC&C, Contact Center, and Control Room Solutions, today announced the launch of their new White Label Partner Program to support the Aeonix4Cloud, an enterprise UCaaS solution for mid-market customers.
  • I am certain this story will resonate with customers and resellers alike."
  • For more information on the value of doing business with Tadiran Telecom, please visit Tadiran Dealer Benefits.
  • Aeonix4Cloud is a pure software based Unified Communications & Collaboration (UC&C) solution which delivers all the advanced solutions of our on premise Aeonix UC&C Solution.