SPYR Inc. (SPYR) Grows its Footprint and Product Offering with GeoTraq, Inc. Acquisition
SPYR just completed the acquisition of GeoTraq as part of its 2022 expansion plan GeoTraq is known for its mission to simplify businesses with mobile IoT by providing low-cost IoT with plug-and-play functionality GeoTraq becomes the second company acquired by SPYR, following Applied Magix’s acquisition in 2020 SPYR (OTCQB: SPYR) recently completed the acquisition of GeoTraq, a Nevada-based enterprise that develops and manufactures advanced Internet of Things (“IoT”) modules for location-based services, asset tracking, and sensor modules for remote monitoring. The acquisition is in line with SPYR 2022 expansion plans to strengthen the company’s balance sheet while also growing shareholder…