K2fly gets RCubed

MAINTENANCE software specialist K2fly has stepped further into the mining space, buying the RCubed resource and reserves reporting software solution for at least $450,000.

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K2fly has bought RCubed for at least $450,000.

The all-cash transaction of $450,000 to buy South African company Prodmark, which owns the intellectual property for RCubed, also has executive performance incentives over three years attached to it -