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Vista Group Secures Village Cinemas Australia for Cloud Solutions

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Vista Group Secures Village Cinemas Australia for Cloud Solutions

Vista Group International Ltd ( (AU:VGL) ) has issued an update.

Vista Group International Ltd announced that Village Cinemas Australia, a prominent cinema exhibitor in the APAC region, has signed an agreement to transition its cinema circuit to Vista’s Cloud Operational Excellence solution. This move includes the adoption of Vista’s Lumos Mobile and Kiosk solutions, enhancing Village Cinemas’ technological infrastructure across its 20 cinema sites. This partnership underscores Vista Group’s strong positioning in the cinema technology market and highlights its ability to attract leading cinema exhibitors to its cloud solutions, potentially impacting its market share and stakeholder interests positively.

More about Vista Group International Ltd

Vista Group International Limited is a global leader in providing technology solutions to the international film industry. The company offers a range of products and services including cinema management software, loyalty and moviegoer engagement solutions, film distribution software, box office reporting, and creative studio solutions. Their brands include Vista, Veezi, Movio, Numero, Maccs, Flicks, and Powster, catering to various aspects of cinema and film industry operations.

YTD Price Performance: 14.79%

Average Trading Volume: 19,010

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$786.7M

For an in-depth examination of VGL stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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