MultiTaction Americas Inc. Announces Strategic Steps to Reorganize its Business for Future Growth
Elk Grove, IL— May 23, 2022 — Today, MultiTaction Americas Inc. announced strategic steps to reorganize. These steps will enable the company to create a new, durable business model and capture growth in a fast-changing marketplace. Multitaction has signed a memorandum of understanding to acquire the assets of the group and will become the sole owner of the business assets with worldwide distribution and support.
The new structure, which will become effective June 1, 2022, will be led by the management team in North America consisting of CEO and President Dan Acquafredda, Chief Operating Officer Danny Santiano, and Senior Vice President Jukka Riivari.
“Over our 15-year history, MultiTaction has constantly evolved to stay ahead of the times. Today’s announcement is no different. We firmly believe that this strategic reorganization is the right step for more profitable growth and is the best path forward for our clients and our team.” said Dan Acquafredda, CEO and President of MultiTaction. “We will continue supporting our clients worldwide together with our world-class partners”.
The company’s new structure will give us a fresh, debt-free start with a great deal of momentum with recent company successes. It will simplify our infrastructure and bring us closer to our customers and partners. We will continue focusing our resources and people on critical areas such as hardware and software development, customer support, and business operations. These changes will set the foundation for accelerating our growth, ensuring we continue to be the leading company in creating superior touchscreen-based user experience for communication and collaboration.
About the Company
Founded in 2007, MultiTaction is a leading developer of advanced collaboration and visualization solutions. From concept to market their concentration is on creating solutions that allow people to connect in real-time, share ideas and solve business problems using live data across teams and worldwide.