Ah, so Wrap Technologies, a company that sounds more like a wellness spa than a public safety solutions provider, is now all about ‘no harm’ as they roll out their fancy gadgets like the BolaWrap and Wrap Reality. But, wait, there’s more! They’ve decided to ‘expand their global channel system’ by acquiring W1 Global, which must be a strategic move to finally get out of the U.S. and into the international market, right? Considering the W1’s ‘expertise in investigative services,’ I’m guessing they’ll be the go-to for tracking down those elusive, non-existent international threats. And let’s not forget the CEO’s ‘transformational step’ – sounds like they’re trying to rebrand themselves as the next big thing in public safety, but I’m betting they’re still just one misstep away from the ‘Wrap’ out of the market.
Read from: https://finance.yahoo.com/news/wrap-acquires-w1-global-expands-141000594.html