- Vuzix Corporation VUZI inked a distribution agreement with U.K. distribution company MPH Group. Vuzix has also received a volume purchase order from MPH for Vuzix Smart Glasses for immediate delivery.
- The financial terms of the deal were not disclosed.
- MPH distributes game-changing and highly immersive technologies that involve augmented reality, virtual reality, and IoT (Internet of Things) solutions.
- The distribution agreement with MPH will help further strengthen Vuzix's presence in Europe and the U.K. geographies, Vuzix CEO Paul Travers stated.
- Price action: VUZI shares traded lower by 0.42% at $14.31 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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