Flow Capital Announces the Buyout of Its Investment in Wedge Networks, Inc.
TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) is announcing that Wedge Networks, Inc. (“Wedge”) has completed a buyout of Flow Capital’s royalty investment for $1,250,000.
“The team at Wedge has developed a compelling solution to address cyber security threats. With the increased dependence on telecommuting, due to the ongoing pandemic, and a global digital cold war, safeguards against such threats have become even more critical. Flow Capital is glad to have participated in their growth, and we wish them well,” said Alex Baluta, CEO, Flow Capital.