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Sprylogics Set To Acquire Poynt Around $5 Million

By Dave Forde / July 17, 2013

Back in late May, Sprylogics International issued a press release on their intent to acquired Poynt who’s been suffering financial troubles for the last year, despite the growing user base for the mobile app. Today Sprylogics provided an update on the situation announced the acquisition is moving forward for close to $5 million and is schedule to close on July 31. Poynt had filed for bankruptcy protection back in July 2010.