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An announcement from Knowit AB ( (SE:KNOW) ) is now available.
Knowit has secured a strategic partnership with Tet Digital AS, alongside consultancy firm Bekk, to enhance Tet Digital’s capacity in product development, technology, design, and data insights. This collaboration, valued at approximately NOK 550 million for Knowit’s share, aims to strengthen Tet Digital’s digital mobility solutions and sustainable mobility initiatives in Norway. The partnership is expected to bolster Tet Digital’s organizational capabilities, focusing on competence development, knowledge sharing, and agile product teams, thereby reinforcing its role in developing digital products for the mobility sector.
The most recent analyst rating on (SE:KNOW) stock is a Hold with a SEK127.00 price target. To see the full list of analyst forecasts on Knowit AB stock, see the SE:KNOW Stock Forecast page.
More about Knowit AB
Knowit is a digitalization consultancy firm with a vision to create a sustainable and humane society through digitalization and innovation. It supports clients in digital transformation through a decentralized organization and agile work methods. Knowit operates in four business areas: Solutions, Experience, Connectivity, and Insight, offering services in system development, digital customer experiences, IoT, cloud, cybersecurity, and management consultancy. Founded in 1990, it has around 3,800 employees mainly in the Nordic countries, with operations in Germany and Poland, and is listed on Nasdaq OMX Stockholm Mid Cap.
Average Trading Volume: 63,011
Technical Sentiment Signal: Sell
Current Market Cap: SEK2.91B
For a thorough assessment of KNOW stock, go to TipRanks’ Stock Analysis page.