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Elliptic Laboratories AS ( (DE:EIP) ) has shared an update.
Elliptic Labs has signed a multi-year license agreement with a current laptop customer to expand its AI Virtual Smart Sensor Platform to consumer laptops and PC accessories. This agreement, following a recent deal for commercial laptops, signifies the customer’s commitment to integrating Elliptic Labs’ technology into its proprietary software stack, reducing reliance on third-party apps and establishing a foundation for their long-term smart device strategy. This expansion into the consumer market, the largest laptop segment globally, highlights Elliptic Labs’ growing influence and relevance in the PC industry.
More about Elliptic Laboratories AS
Elliptic Labs is a global AI software company headquartered in Norway, known for its AI Virtual Smart Sensors that enhance user experiences by improving personalization, privacy, and productivity across devices. Their technology, which is deployed in over 500 million devices, utilizes deep neural networks and system-level telemetry data to create intuitive and user-friendly technology. The company operates globally with a presence in the USA, China, South Korea, Taiwan, and Japan, and is listed on the Oslo Stock Exchange.
Average Trading Volume: 257,111
Current Market Cap: NOK1.23B
For an in-depth examination of EIP stock, go to TipRanks’ Overview page.