TZ Limited Considers Licensing Deal Amidst Data Center Growth

TZ Limited ( (AU:TZL) ) just unveiled an update.

TZ Limited has been approached by SRA Solutions to acquire the global manufacturing rights for its DC Security Products, aiming to shift manufacturing responsibilities to SRA while potentially creating a high-margin annuity royalty business for TZ. The proposal includes upfront payment and ongoing royalties, though negotiations are ongoing. With the data center market, especially AI-enabled centers, poised for significant growth, TZ is assessing SRA’s proposal alongside other strategic options. There is notable market potential with clients like NextDC, Macquarie Telecom, and Microsoft, indicating strong demand for TZ’s products.

More about TZ Limited

TZ Limited is a company involved in the production and sale of DC Security Products, catering to sectors such as data centers, government, and telecommunications. It has established a presence in the Australian market through partnerships and has a growing customer base in the US, with clients like Microsoft exploring its solutions for data center expansions.

YTD Price Performance: -16.67%

Average Trading Volume: 174,614

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$13.26M

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