tiprankstipranks
Trending News
More News >

METAVISIO – THOMSON Computing Expands in Europe with Strategic Contracts and Financing Adjustments

Story Highlights
  • METAVISIO secures strategic contracts worth €14 million to boost European expansion.
  • Financing adjustments with AMERICAN AI support METAVISIO’s growth and market reach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
METAVISIO – THOMSON Computing Expands in Europe with Strategic Contracts and Financing Adjustments

Confident Investing Starts Here:

Metavisio SA ( (FR:ALTHO) ) has shared an update.

METAVISIO – THOMSON Computing has announced three strategic contracts with distributors Ninepoint, Littlebit, and an unnamed major European player, marking a significant step in its European expansion strategy. These agreements include €5.2 million in orders for computers and €9 million for servers, enhancing the company’s market presence and distribution network. Additionally, the company has adjusted its financing agreement with AMERICAN AI AND HARDWARE INVESTMENTS LTD to support its growth, allowing for faster financing of new orders and removing previous restrictions on share sales. This financial adjustment aims to bolster METAVISIO’s ongoing expansion efforts and strengthen its international team and market reach.

More about Metavisio SA

METAVISIO – THOMSON Computing is a French company specializing in the research and development of IT, hardware, and software solutions under the THOMSON brand. Founded in 2013, it offers a range of products featuring the latest technologies at competitive prices.

YTD Price Performance: -80.53%

Average Trading Volume: 2,447,140

Technical Sentiment Signal: Buy

Current Market Cap: €2.55M

See more data about ALTHO stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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