QualityStocksNewsBreaks – SPYR Inc. (SPYR) Announces Acquisition, Expansion Plans for 2022
SPYR (OTCQB: SPYR) (dba SPYR Technologies) is a technology company whose subsidiary, Applied Magix Inc., develops and resells Apple(R) ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets. The company today announced its acquisition and expansion plans for 2022. During fiscal year ended 2021 and to date, SPYR has been exploring possible acquisitions that may strengthen its balance sheet and return value to its shareholders. According to the update, SPYR has been in preliminary discussions with two companies targeted for possible acquisition this year. One of the targets is a well-positioned industrial lighting developer, whose…