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Benzinga
Benzinga
Business
Henry Khederian

Why Exela Technologies Shares Are Popping Off

Exela Exela Technologies Exela Technologies Inc Fi Nasdaq

Exela Technologies Inc (NASDAQ:XELA) shares are trading higher by 10.61% to $0.36 after the company announced it signed a multi-year license deal with Finanz Informatik.

Exela says the latest project will enable a standard, comprehensive end-to-end solution replacing many of the local solutions developed over the years. Exela will introduce Digital Mailroom and the AI-based distribution and process control will be carried out by Plexus CaseVision. The project is valued at a TCV of several million USD over the next few years.

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