Monday, November 7, 2016

Tobii issue for the 450 million: “Significant investments” – Business world

Ögonstyrningsbolaget Tobii has decided on a rights issue of eur 450 million, 7.7 per cent of current market capitalisation, to bet on the eye tracking within virtual reality and smartphones. It is clear from a press release.

the Company will make “significant investments in technology and market development to capitalize on the rapidly increasing interest for the eye tracking in virtual reality and smartphones”, is it.

the Ambition is that Tobii will take the same leading position with the eye tracking for consumer electronics such as the segments Dynavox and the Pro is already reported to have, within their respective areas.

the Tobii intends to invest 150 million annually in both the two areas during the 2017-19.

Full emissionsvillkor is expected to be published no later than 24 november, and the subscription period is expected to run between 6-20 december.

Shareholders with 40 per cent of the votes in Tobii has announced that they are positive towards the rights issue, and an extraordinary general meeting of shareholders in question will be held on 30 november.

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