RedstoneConnect Plc (LON:REDS) are the topic of conversation when Whitman Howard analyst Andy Smith caught up with DirectorsTalk. Andy explains the rational behind the acquisition of Anders + Kern, how this news has affected Whitman Howard estimates for the company and how the proceeds from the £6.5 million fund raise will be used.
RedstoneConnect Plc, is engaged in providing technology and services for smart buildings and commercial spaces through its core businesses, Redstone and Connect IB. The Company, through Redstone, provides a range of services, including design, build and installation; managed services, and software solutions. The managed services encompasses the provision of outsourcing services spanning network infrastructure management, smart buildings support services, desktop and data center support services and move, add and change services. Redstone offers OneSpace occupancy management product. The Company, through Connect IB, creates digital solutions. Connect IB develops and deploys applications, including those that address mapping and way finding of Smart Buildings and Smart Spaces, such as car parks or retail shopping centers. It serves customers of all sizes, including corporations, such as property developers, landlords and principal occupiers of commercial property.