Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Smartoptics Group AS ( (DE:3YL) ).
Smartoptics announced that Digital Edge, a major Asian data center operator, has deployed Smartoptics’ DWDM equipment to enable 800G capacity, enhancing the growth of its Indonesian brand, Indonet. This deployment supports Indonet’s competitive positioning in the Indonesian market by improving cost efficiency and fiber utilization, addressing the increasing bandwidth demands in the Asia-Pacific region.
More about Smartoptics Group AS
Smartoptics is a Scandinavian company founded in 2006, providing innovative optical networking solutions and devices for open networking. Their customer base includes enterprises, governments, cloud providers, Internet exchanges, and telecom operators. Smartoptics partners with leading technology providers like Brocade, Cisco, and Dell, offering solutions for metro and regional network applications.
YTD Price Performance: 21.03%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €176.9M
For an in-depth examination of 3YL stock, go to TipRanks’ Stock Analysis page.