Ecoark Takes Steps to Acquire 440labs (Arkansas Democrat Gazette)


Ecoark Holdings Inc., Roger’s company that focuses on reducing waste in operations, logistics and supply chains, is acquiring software development and information solutions provider 440labs.

Ecoark Holdings Inc., Roger’s company that focuses on reducing waste in operations, logistics and supply chains, is acquiring software development and information solutions provider 440labs.

 

Ecoark said it has completed a nonbinding term sheet to acquire the Massachusetts Company in an all-stock transaction. 440labs has partnered with Zest Labs an Ecoark subsidiary for the past four years, providing cloud solutions and mobile applications.

 

Ecoark Chief Executive Officer Randy May said in a statement that the transaction is consistent with the company’s capital deployment strategy of acquiring “high performing niche businesses.” 440labs’ name, brands, and office locations will not change as a result of the transaction.

 

 

“440labs is a terrific company with clear leadership in its niche market, strong technical expertise with numerous growth opportunities, and a management team that will thrive as part of Zest Labs,” May said in the statement.

Products or Services

Ecoark is an innovative provider of a growing suite of proprietary technologies and services that drive sustainability, increase revenue and profits.

Contact Information

Ecoark Holdings, Inc

3333 South Pinnacle Hills Parkway
AR
72758
USA
Phone : 4792592977
View website

Tags

Zest Labs

Published in

Business

Published on

Mar 19, 2017