IVO invigor group limited

Invigor Group (ASX:IVO) has entered into an an agreement with a...

  1. Invigor Group (ASX:IVO) has entered into an an agreement with a subsidiary of Pico Far East Holdings which is listed on the Hong Kong stock exchange to assist in data for trade shows and events attendees.

    The arrangement with Pico aims to deliver developments in big data and how it applies to hospitality and tourism.

    This joint project will also provide Invigor with the opportunity to expand its reach into the Asia Pacific market.

    Last month, Invigor reached agreement to acquire Amethon Solutions for $1.8 million in cash and shares priced at $0.08.

    Amethon operates in the mobile data market delivering subscriber data through advanced network analytics and content tracking solutions.

    Invigor is expanding its digital commerce strategy.

    In September, the company entered into a development contract with Australia Traffic Network, a media provider of traffic news and information. Its reports are heard 365 days a year on all metro commercial radio stations.

    In July, Invigor signed a Foundation Agreement to acquire the Search Results Group for $5.8 million.

    Search Results Group is an Australian online media agency offering search, web development and marketing products to small and medium enterprises.

    Invigor is capitalised at around $16 million.


 
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