Question : Which of the following has recently(January 2022) entered into an agreement to acquire the Israeli company CallHero ?
a. Truecaller
b. Whoscall
c. Showcaller
d. ViewCaller
Ans. a.
Related facts —
- Sweden-headquartered Truecaller on January announced it has entered into an agreement to acquire the Israeli company CallHero.
- It is noteworthy that CallHero has developed a unique technical solution for both Android and iPhone, with an AI-enabled assistant.
- Truecaller’s assistant can answer calls, take messages and even block your calendar and the feature will be integrated into Truecaller in a phased manner.
- The agreed purchase price amounts to $4.5 million, of which $2.6 million will be paid in cash upon completion of the acquisition and $1.9 million through newly issued shares in Truecaller, the company announced.
- The acquisition, which will be financed through existing cash and newly issued shares in Truecaller AB, is subject to customary closing conditions and the acquisition is expected to be completed during the first quarter of 2022.
By – Pankaj Pandey