What does TAPI mean in NASDAQ SYMBOLS
TAPI, or Tapistron International Incorporated, is a multinational corporation that operated for nearly 20 years before being de-listed. Throughout its existence, TAPI was involved in various activities and sectors such as manufacturing, production, distribution, logistics and transport. The company helped bring innovative solutions to the world of business and commerce, helping many companies to achieve success within their respective markets.
TAPI meaning in NASDAQ Symbols in Business
TAPI mostly used in an acronym NASDAQ Symbols in Category Business that means Tapistron International, Incorporated (de-listed)
Shorthand: TAPI,
Full Form: Tapistron International, Incorporated (de-listed)
For more information of "Tapistron International, Incorporated (de-listed)", see the section below.
Overview
TAPI was founded in 2001 with the idea of providing affordable products and services while also demonstrating a commitment to social responsibility. It had two main divisions; Production and Distribution. Production focused primarily on developing new materials that would be used in industrial processes such as chemical engineering, metalworking and plastics manufacturing. Distribution provided logistics solutions for businesses around the world. This included helping companies optimize their global supply chain network by leveraging technology and data analytics.
Achievements
Throughout its history, TAPI acquired several companies to help expand its reach in different markets across the globe. It launched an ambitious program called “Partners by Design†which connected suppliers with manufacturers around the world in order to find better cost savings while still ensuring quality standards were met at all times. Additionally, TAPI developed a range of specialized transportation systems that allowed goods to be moved more quickly and cheaply than ever before.
De-listing
In 2019, due to an increasing number of challenges within its core business operations, TAPI decided it was no longer viable as a publicly traded entity and de-listed itself from all stock exchanges worldwide. Although it is no longer listed on any major stock exchange markets, its legacy lives on with many of the technological innovations it brought about still being used today within various industries.
Essential Questions and Answers on Tapistron International, Incorporated (de-listed) in "BUSINESS»NASDAQ"
What was Tapistron International known for?
Tapistron International (de-listed) was a telecom and media provider, with operations in the US, Latin America and Europe. They specialized in providing telecommunications services to corporate customers around the world.
When did Tapistron International first become publically traded?
Tapistron International became publically traded in 1994 when they debuted on the NASDAQ stock market.
What were the reasons behind their de-listing?
Tapistron International was de-listed due to delisting requirements by NASDAQ, including failure to meet various financial conditions such as an inability to maintain minimum bid prices and other related issues.
When did Tapistonn International get de-listed?
Tapistonn International was officially de-listed from the NASDAQ exchange in November of 2010.
What products and services did Tapistonn provide?
Tapistonn provided a variety of products and services including Voice over IP (VoIP), fixed line voice services, unified communications, mobile data networks, live streaming video content, satellite transmission services and more.
Was there any litigation against Tapistonn International prior to its de-listing?
Yes, there were several lawsuits filed against Tapistonn prior to its de-listing by shareholders claiming that management had misrepresented or understated financial information which may have contributed to their eventual de-listing.
Who were some of the major customers of tapistonn international?
Some of the major customers of tapistonn international included AT&T, Verizon Wireless, Time Warner Cable and Comcast Communications. Other notable clients included Microsoft Corporation and Grupo Televisa SAB.
Final Words:
Overall, Tapistron International Incorporated achieved much success during its long life as a multinational corporation focusing on production and distribution services for businesses around the world. Its focus on innovation enabled many companies to benefit from enhanced operations at reduced costs while also upholding quality standards throughout their global supply chain networks. Even though it is no longer listed on any stock exchange market, Tapi's lasting legacy has left an indelible mark in business history around the world.