Quick Take
Boxlight Corporation (BOXL) has announced the completed acquisition of Cohuborate (Cohuba) for $1.8 million in common stock.
Cohuba has developed interactive display technologies for business, education and government markets.
BOXL is gaining a UK footprint and will relaunch the Cohuba products to business and government markets later in the year.
I view the deal as a net medium-term positive for BOXL as it appears to be a low-cost acquisition that it can leverage across its operations.
