Voltari

Voltari
Public Company
Traded as NASDAQ: VLTC
Industry Commercial real estate
Headquarters New York, New York, USA
Area served
Worldwide
Key people
Richard Sadowsky
(Acting Chief Executive Officer)
David Castillo
(Chief Technology Officer)
John Breeman
(Chief Financial Officer)
Website www.voltari.com

Voltari (NASDAQ: VLTC) is a commercial real estate business. It was formerly a provider of mobile marketing and advertising technology[1] After Carl Icahn acquired a controlling interest in the company, it ceased its mobile advertising business in August 2015.[2]

Voltari was formed in August 2012.[3]

Voltari's headquarters are in New York.

History

Voltari was formed in August 2012 as an operating business of Motricity. On April 10, 2013 upon completion of reorganization, Motricity became a wholly owned subsidiary of Voltari, which replaced Motricity as a publicly held corporation. Shares of Voltari common stock commenced trading on the NASDAQ Capital Market under the symbol "VLTC" (formerly MOTR).[4]

References

  1. Aquino, Judith (2013-08-05). "How Voltari Reaps Profits From Automated Predictive Analytic Models". Adexchanger.com. Retrieved 2013-10-29.
  2. Voltari (VLTC) to Exit Mobile Ad Business, Focus on Real Estate, StreetInsider, 7 August 2015
  3. "Motricity Reports Third Quarter 2012 Results (NASDAQ:VLTC)". Investors.voltari.com. Retrieved 2013-10-29.
  4. Jason Ankeny (2013-04-10). "Motricity reorganizes under Voltari mobile advertising brand". FierceMobileIT. Retrieved 2013-10-29.

External links

This article is issued from Wikipedia - version of the Monday, March 28, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.