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Archos ( (FR:ALJXR) ) just unveiled an announcement.
ARCHOS has finalized the acquisition of ARTIC DISTRIBUTION, an expert in industrial defense computing, through its subsidiary Logic Instrument. This acquisition strengthens Logic Instrument’s position in critical systems and strategic infrastructures, enhancing its offerings to address technological obsolescence. The integration of ARTIC DISTRIBUTION marks a significant step for Logic Instrument in becoming a key partner in critical infrastructures and ultra-rugged technological systems, aligning with its commitment to support clients facing technological and strategic challenges.
More about Archos
ARCHOS is a French company known for its expertise in mobile solutions, both in consumer electronics and B to B markets through its subsidiary LOGIC INSTRUMENT and Elexo. ARCHOS was a pioneer in offering Google Android tablets and has expanded into the MedTech sector, establishing a division called Medical Devices Venture. The company operates from its headquarters in France with offices in Europe and Asia, positioning itself as a key pan-European player listed on the Euronext Growth Paris market.
YTD Price Performance: 22.73%
Average Trading Volume: 10,131
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €7.93M
For an in-depth examination of ALJXR stock, go to TipRanks’ Stock Analysis page.
