Helios and Matheson Analytics Inc. and Zone Technologies, Inc. Announce Pending Merger
Hi-Tech Companies Partner to Expand RedZone Maps' Crime Aggregation Technology
MIAMI and NEW YORK, June 6, 2016 -- Helios and Matheson Analytics Inc. (HMNY), a provider of integrated Big Data technology, advanced analytics and data visualization solutions to Fortune 500 companies, and Zone Technologies, Inc., creator of RedZone Maps, a GPS-driven, real-time crime and navigation map application, announced today that they plan to merge. With the new partnership, Helios and Matheson plans to leverage its artificial intelligence capabilities and deep learning and analytics expertise to enable RedZone Maps to further expand its crime mapping capabilities globally. The pending merger is subject to approval by the NASDAQ Stock Market, among other customary closing conditions.
- Published: 08 June 2016
- Written by Editor