Xalles Holdings Inc. (OTC:XALL) Stock On Watchlist After Acquisition News
The leading holding company, Xalles Holdings Inc. (OTC:XALL), is a specialist in the technology and financial services spaces. The company was in the news cycle on Monday after it announced that it had plans for the well-known technology and data analytics firm RPM-One.
The company noted in its news release that the acquisition was a strategic one that would help Xalles Holdings make a move into the digital health care space. That would be accomplished through EZ Digital, the RPM-One product, which would boost Xalles’ portfolio following the acquisition. In light of the announcement, it may be a good idea for investors to take a closer look at RPM-One as a company.
RPM-One is a specialist in broad industry applicability, offering a unified telemetry platform. The applicability is offered through a reduction in latency as well as storage costs. The platform features artificial intelligence-powered automation and decision support, both of which could be customized.
The primary offering from the company, EZ Digital, is to facilitate a transformation in preventive healthcare by way of a novel direct-pay membership system. In the news release yesterday, it was also revealed that the acquisition by Xalles would also help in improving the market reach, efficiency, and affordability at an operational level for RPM-One.
The Chief Executive Officer of Xalles Holdings, Thomas Nash, revealed his enthusiasm about the acquisition. He noted that the acquisition would also prove to be complementary to some of the previous acquisitions made by the company, like the one of InnovationsHR.
He also stated that the acquisition was in alignment with the company’s strategy to diversify its business portfolio and strengthen its presence in the healthcare sector. The Chief Executive Officer of RPM-One, Kevin Longoria, also expressed his positivity about the transaction and noted that Xalles’ RISE model was suited to its growth objectives.
