Beyond Commerce, Inc. entered into a definitive agreement to acquire E.G. Insight, Inc from Eric Engwall.
July 26, 2020
Share
Beyond Commerce, Inc. (OTCPK:BYOC) entered into a definitive agreement to acquire E.G. Insight, Inc. from Eric Engwall on July 27, 2020. Pursuant to the agreement, Beyond Commerce would assume approximately $0.14 million of debt. Eric Engwall and his team will join Beyond Commerce. The acquisition is subject to the satisfaction of customary closing conditions and is expected to close by early August 2020.
Beyond Commerce, Inc. is primarily focused on the acquisition of big data companies in the business-to-business (B2B) Internet marketing analytics, technologies, and services. The Company is engaged in developing and deploying disruptive strategic software technology that will build on the organic growth potential and exploit cross-selling opportunities. The Company provides solutions that facilitate the exchange of information and data transactions between supply chain participants, such as manufacturers, retailers, distributors, and financial institutions, with the focus of automating potential client internal processes. The Company intends to offer services and solutions, such as content services, business process management, customer experience management, discovery, business network, and analytics.