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Audinate Group Enhances Dante Platform with Iris Acquisition

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Audinate Group Enhances Dante Platform with Iris Acquisition

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An update from Audinate Group ( (AU:AD8) ) is now available.

Audinate Group has announced the acquisition of Iris, which will enhance the Dante platform by integrating Iris’s remote production capabilities with Dante’s cloud-based management software. This strategic move is expected to significantly benefit AV professionals by improving the management of millions of Dante-enabled devices, thereby strengthening Audinate’s position in the audio-visual industry.

The most recent analyst rating on (AU:AD8) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.

More about Audinate Group

Audinate Group operates in the audio-visual industry, primarily offering the Dante platform, which is known for its audio networking solutions. The company focuses on providing AV professionals with tools to manage Dante-enabled devices efficiently.

Average Trading Volume: 248,956

Technical Sentiment Signal: Sell

Current Market Cap: A$576M

Find detailed analytics on AD8 stock on TipRanks’ Stock Analysis page.

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