Converge Technology Solutions Corp. (CTSDF)
Converge Technology Solutions Corp. operates in the Information Technology Services industry of the Technology sector, headquartered in Gatineau, QC, CA. The stock last traded at $4.32, down 0.01% on the session, giving a market capitalisation of $814.1M. On trailing twelve-month figures it carries a trailing P/E of -6.66, a net margin of -6.9%. Its beta of 1.69 implies it has historically moved more than the broad market.
Converge Technology Solutions Corp. delivers integrated information technology and cloud-based services, powered by software, to both corporate and public sector clients across North America. The company's comprehensive approach offers specialized solutions in areas such as advanced data analytics, application modernization, cloud computing, cyber protection, digital foundational systems, and optimizing digital work environments for diverse industries. Converge actively develops offerings encompassing network management, system virtualization, data storage, robust disaster recovery strategies, and uninterrupted replication of vital applications, infrastructure, information, and core systems. This supports clients in establishing data centers, evaluating and developing optimal public and private cloud architectures, and implementing essential communication platforms like email, voice, and video, alongside enterprise-grade networking, security tools, and infrastructure components. Furthermore, their portfolio includes hardware such as personal computers, notebooks, and various computing accessories. They also provide mobile location-aware technologies and develop specialized software leveraging blockchain for secure privacy, access control, and identity management. Complementing these offerings, Converge delivers a wide array of services, including managed and hosted solutions, advanced cybersecurity measures, cloud computing and analytical support, system architectural design, professional consulting, staffing, and comprehensive lifecycle and desktop recovery services. Established in 2016, Converge Technology Solutions Corp. maintains its primary corporate office in Gatineau, Canada.
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