MIND CTI to be Acquired by Enghouse Systems in All-Cash Transaction

MIND C.T.I. LTD, a provider of billing and customer care solutions, has announced a definitive merger agreement to be acquired by Enghouse Systems Ltd. for US$1.30 per share in cash, totaling approximately US$25.4 million. The acquisition, approved by both boards, represents a 42% premium over MIND CTI's 30-day weighted average closing price and is expected to close in the first quarter of 2027.