PETACH-TIKVA, Israel, July 17, 2026 /PRNewswire/ — Elmo Motion Control Ltd., a global technology leader in high-performance motion control solutions, today announced its participation in Automation Expo 2026, India’s premier industrial automation exhibition. Visitors are invited to experience Elmo’s latest motion control innovations at Hall 6, Booth M3-12, where the company will officially unveil its next-generation Titanium line in the Indian market while expanding its local partner network.

Automation Expo brings together machine builders, OEMs, system integrators, and automation leaders from across India, making it the ideal venue for showcasing Elmo’s newest technologies and strengthening its presence in one of the world’s fastest-growing manufacturing markets.

At the exhibition, Elmo will officially unveil its Titanium line of servo drives and motion controllers, engineered to deliver exceptional power density, advanced performance, certified Functional Safety, and industry-leading compactness for demanding industrial applications. Visitors will also experience live demonstrations showcasing complete EtherCAT-based motion control solutions, including multi-axis synchronization and precision machine automation powered entirely by Elmo technology.

As part of its growth strategy in India, Elmo is actively seeking experienced value-added distribution partners to expand customer support, strengthen its regional presence, and deliver world-class motion control solutions to customers across the country.

“India continues to be one of the world’s most dynamic manufacturing markets, creating tremendous opportunities for advanced motion control technologies,” said Ronen Sadan, VP Marketing at Elmo Motion Control. “Automation Expo is the perfect platform to officially unveil our Titanium line to Indian machine builders while connecting with qualified value-added distribution partners who share our commitment to innovation, technical excellence, and customer success. We look forward to building long-term partnerships that will help bring Elmo’s high-performance solutions to even more customers across India.”

Visitors to the Elmo booth in Hall 6, Booth M3-12, will have the opportunity to meet with motion control experts, experience live machine demonstrations, discuss application requirements, and explore partnership opportunities for distribution throughout India.

To schedule a one-on-one meeting with the Elmo team during the Automation Expo, visit www.elmomc.com/media/events.

About Elmo Motion Control

Elmo has been a motion control technology leader for over 37 years, with millions of servo drives operating 24/7 worldwide. Elmo offers complete motion control solutions from design to delivery of cutting-edge servo drives, network-based multi-axis motion controllers, and integrated servo motors. All solutions can be customized and configured using Elmo’s proprietary, advanced, and easy-to-use software tools for any machine in any industry, such as semiconductors, lasers, robots, life sciences, industrial automation, AGVs, and more. The company employs more than 350 personnel with headquarters in Israel and offices in the United States, China, Germany, Italy, Korea, Singapore, and an additional manufacturing facility in Poland. Elmo has a worldwide distribution network. By advancing motion control with state-of-the-art technology, Elmo makes smart machines even smarter. As of 2022, Elmo is a Bosch Rexroth company.

For more information, visit www.elmomc.com.

Copyright 2026. All brand names are the property of their respective owners and may or may not be trademarked.

Media Contact
Robert Dugan, Marketing Manager at Elmo Motion Control
T: +972-(3)-929-2300 (ext. 368)
E: robertd@elmomc.com

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STOCKHOLM, July 17, 2026 /PRNewswire/ — Truecaller AB (publ) (“Truecaller” or the “Company”) has today entered into an agreement to acquire 100% of the shares in TextPlus Inc. (“TextPlus”) (the “Acquisition”). TextPlus is a US-based communications software company offering a flexible and cost-effective alternative to traditional wireless carriers. The Acquisition increases Truecaller’s footprint in the US and brings the Company closer to a comprehensive communications platform by broadening its capabilities with complementary offerings such as second numbers and internet-based calling, commonly known as VoIP. The purchase price corresponds to a valuation of USD 15.0 million on a cash and debt free basis. The Acquisition will be financed with own funds.

Truecaller’s CEO, Rishit Jhunjhunwala, comments:

“Scott and the rest of the TextPlus team have built a service that helps people communicate far better than they used to. This philosophy is exactly in-line with Truecaller. We’re very excited to join forces and power communication services in a safe and trusted manner. The culture of the team, the financial discipline and the impressive tech, all align with Truecaller and we’re confident that we will together be able to grow this business to much greater heights. Truecaller and TextPlus both have changed how mobile communication takes place and it’s only natural that we come together.”

About TextPlus

Founded in 2009, TextPlus is a US-based communications technology company providing cloud-based voice, messaging and connectivity services through its proprietary mobile platform. TextPlus enables users to make VoIP calls, send and receive SMS messages and access mobile communication services over data networks, offering a flexible and cost-effective alternative to traditional wireless carriers. TextPlus has built a large and diversified user base of approximately 1.5 million monthly active users serving consumers seeking affordable, app-based communication solutions. The platform provides users with dedicated phone numbers and supports both domestic and international communications, leveraging a scalable cloud infrastructure designed to deliver reliable and high-quality connectivity. For the twelve-month period ending May 2026, adjusted net revenue amounted to USD 5.2 million, representing a compound annual growth rate (CAGR) of approximately 45% since 2023, with good profitability. TextPlus is headquartered in Los Angeles and has a total headcount of 14.

TextPlus’ CEO and Founder, Scott Lahman, comments:

“Telecom only works when people can trust it. Truecaller and TextPlus share a commitment to safer, more trusted communication, and we’re excited about the opportunity to help restore trust in every connection.”

Strategic rationale

For Truecaller the Acquisition unlocks further US expansion potential, through TextPlus’s US footprint. The Acquisition leverages the strengths of both Truecaller and TextPlus by enabling cross-selling across key markets, facilitating knowledge sharing between Android- and iOS-focused platforms, and expanding proven technologies into new regions. It also aims to optimize user acquisition and introduce new use cases like business focused number solutions, driving growth and value across the ecosystem. Truecaller gains product and market insights as well as a complementary user base, while TextPlus strengthens its position to become a consumer telco and MVNO replacement product in the US market. Acquiring TextPlus brings Truecaller closer to a comprehensive communications platform by broadening its capabilities with complementary offerings such as second numbers and VoIP.

TextPlus brings a lean and experienced team that has been building and refining the operations for over a decade. Both Truecaller and TextPlus share a strong product-centric culture and a clear ambition to drive sustainable, profitable growth.

The Acquisition and financing

The purchase price for 100% of the shares in TextPlus amounts to USD 15.0 million on a cash and debt free basis and will be financed with own funds.

The Acquisition is subject to customary regulatory approvals and closing conditions and is expected to be completed during Q3 2026.

Advisers

DNB Carnegie Investment Bank AB is acting as financial advisor, Squire Patton Boggs (US) LLP as legal advisor, and KPMG as financial and tax due diligence advisor in relation to the Acquisition for Truecaller.

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP is acting as legal advisor to Textplus and The Raine Group is serving as exclusive financial advisor to TextPlus.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

This information is information that Truecaller is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, at the time stated by the Company’s news distributor, Cision, at the publication of this press release.

About Truecaller: 

Truecaller (TRUE B) is the leading global platform for safe and trusted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 500 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/truecaller-ab/r/truecaller-enters-into-an-agreement-to-acquire-us-based-textplus-inc-,c4375602

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SOURCE Truecaller AB

Accelerating CX with an evolved digital platform powered by new “Plus” capabilities

TOKYO, July 17, 2026 /PRNewswire/ — transcosmos today announced that it has added AI agent capabilities to trans-DX for Support—its CX platform that enhances customer experience (CX) across customer touchpoints while optimizing operational costs—evolving it into trans-DX Plus for Support. The company plans to deploy the platform to 200 companies by the end of the current fiscal year, supporting CX enhancement across a wide range of industries.

Under a strong alliance with vottia inc., a company specializing in AI agent technologies and jointly established with Mobilus Corporation (Headquarters: Tokyo, Japan; President & CEO: Tomohiro Ishii), trans-DX Plus for Support is equipped with autonomous AI agents designed to deliver effortless customer interactions. By incorporating these AI agents, trans-DX Plus for Support delivers Human x AI hybrid operations beyond the capabilities of conventional bots. The solution combines vottia’s latest AI agent technologies, including multi-LLM (Large Language Model) functionality and encryption capabilities, with the knowledge transcosmos has accumulated through supporting approximately 3,500 leading client companies across industries, driving the development of next-generation contact center infrastructure. In addition, transcosmos provides end-to-end support from implementation through operations and continuous improvement, helping clients accelerate their CX transformation smoothly and continuously.

■ Client case studies demonstrate significant lift in self-service resolution rates, delivering CX value beyond expectations
trans-DX Plus for Support has already demonstrated tangible results among clients. In one case study, replacing a voice bot used for repair-service inquiries with a voice AI agent increased the self-service resolution rate from approximately 19% to 52%, helping address key operational challenges. Combining advanced AI that enables natural, everyday conversations with the reassurance of human support, the platform delivers experiences that exceed expectations and helps strengthen customer loyalty.

▼Key AI agent features of trans-DX Plus for Support
1. Seamlessly augments and integrates human and AI to deliver advanced hybrid operations
2. Multi-LLM functionality enables organizations to choose from multiple generative AI models—including OpenAI and Google Gemini—even after deployment
3. Encryption and guardrails enable rigorous risk control
4. Integration with transcosmos’s communications infrastructure enables consistent transaction management

■ Further evolution toward ROI maximization through a Human × AI hybrid model
transcosmos’s model combines advanced automation powered by the latest AI technologies with a robust Human × AI hybrid structure, enabling both high levels of customer satisfaction and ROI (Return on Investment) maximization. Through the enhanced capabilities of trans-DX Plus for Support, transcosmos aims to serve as a driving force for the fundamental transformation of clients’ cost structures and the maximization of their competitiveness, helping drive their continued evolution.

*transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.
*Other company names and product or service names used here are trademarks or registered trademarks of respective companies.
*OpenAI is a trademark or registered trademark of OpenAI OpCo, LLC.
*Google and Gemini are trademarks of Google LLC.

■ About transcosmos inc.

transcosmos launched its operations in 1966. Since then, we have united superior “people” with cutting-edge “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes, focusing on both sales expansion and cost optimization through our 188 bases across 36 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of the e-commerce market on a global scale, transcosmos provides comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 46 countries/regions around the globe. transcosmos is committed to treating the challenges of its clients and society as its own—discussing and addressing their issues from planning to execution—and Make It Real, Together. Visit us here https://www.trans-cosmos.co.jp/english/

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SOURCE transcosmos inc.