Byzen Digital Inc., a technology mergers and acquisitions company, today announced the opening of new operational company in the UK, Byzen Digital Limited.
Over the past 12 months Byzen Digital Inc. has continued to develop its business model and now has a clear strategy that identifies and engages with SME (small and medium-sized enterprises) technology companies with the goal to developing commercial relationships.
In addition, the company also looks to offer its consultancy services into this sector with a focus on technology market disrupters. Byzen Digital Inc. recently established a Consultancy Services Division in conjunction with its strategic partner, The Axiom Partnership.
To assist in developing this model, Byzen Digital management has commissioned the opening of a new operational company in the UK, Byzen Digital Limited, which will replace the non-operational Byzen Digital UK Limited that will be closed shortly.
Byzen Digital Inc. additionally announces that further to its Letter of Intent (LOI) with Fortune8 Technologies, that after months of negotiations, it is currently unable to reach a definitive agreement to complete the acquisition of the Company.
Byzen Digital President Chris Percy commented: “It is with regret that we have made the operational decision to no longer engage directly with Fortune8. The Board and I wish them success in their future ventures. With this action we now have the luxury to continue to explore and develop other new and existing opportunities.”