Jacksonville tech firm secures $50 million from energy asset sale

A technology firm based in Jacksonville completed the sale of its energy‑related assets. The transaction generated fifty million dollars in cash for the company. The deal was reported by The Business Journals. The company operates within the technology sector. The assets sold were part of the firm’s energy portfolio. The sale represents a notable liquidity event for the Jacksonville firm. No details about the buyer were disclosed in the source. The firm has not announced how the proceeds will be used.