Västra Hamnen Corp. Finance

Crunchfish: Intention to divest Gesture Interaction

  • Announcing strategic move in intention to divest the gesture business
  • Focus on Digital Cash
  • We await the year-end report before adjusting fair value

Crunchfish recently announced the intention to divest its Gesture Interaction business. After a strategic review, the company decided that the gesture business has better prospects in a different strategic setting. The company has engaged EY Corporate Finance to find a partner for the business area.

We see several possible advantages if the company will be able to reach a deal. In our model, Gesture Interaction accounts for only five per cent of total sales by 2033. A divestment would reduce current operational costs by 25 per cent when completed according to Crunchfish.

The full report is available here.

Datum 2024-02-08, kl 08:20
Källa MFN
Vill du synas här? Kontakta hej@allaaktier.se. Vår sajt har 100 000 sidvisningar och 10 000 unika besökare per månad. Vår discord har över 5000 medlemmar. Detta är aktiva sparare med ett stort aktieintresse. Behöver du nå ut till denna målgrupp så hör av dig!