tiprankstipranks
Trending News
More News >

iVision Tech Strengthens Smart Devices Division with Strategic Acquisition and Sale

Story Highlights
iVision Tech Strengthens Smart Devices Division with Strategic Acquisition and Sale

Don’t Miss TipRanks’ Half Year Sale

The latest announcement is out from Ivision Tech S.P.A. ( (IT:IVN) ).

iVision Tech S.p.A. has sold its 51% stake in Teknoema S.r.l. and acquired 100% of D.E.C. Elettronica S.r.l. to strengthen its smart devices division, particularly for the development of its ‘iSee’ technological glasses for the blind. This strategic move aims to integrate electronic design and production capabilities within the company, enhancing its position in the high-tech eyewear market and supporting long-term growth in smart device projects.

The most recent analyst rating on (IT:IVN) stock is a Buy with a EUR3.10 price target. To see the full list of analyst forecasts on Ivision Tech S.P.A. stock, see the IT:IVN Stock Forecast page.

More about Ivision Tech S.P.A.

iVision Tech S.p.A. is an innovative SME based in Milan, specializing in the design and production of eyeglass frames and sunglasses, including the historic French brand Henry Jullien. The company operates in the eyewear industry, focusing on ‘Made in Italy’ manufacturing and collaborating with international luxury fashion brands. iVision Tech is also involved in research and development for technological innovations in eyewear, particularly through its ‘iSee’ product for the visually impaired.

Average Trading Volume: 23,593

Technical Sentiment Signal: Buy

Current Market Cap: €17.63M

See more insights into IVN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1