Aopen, Acer launch private placement of shares

Aopen Inc., a digital signage and IoT company, has announced a private placement of shares with Acer Inc. Through this agreement, Acer is now the largest corporate shareholder in Aopen, according to a press release.

The goal of this private placement is to increase the geographic footprint for Aopen and Acer and boost research and development in various spaces such as cloud and IoT. Aopen already deploys its digital signage and other technology solutions to more than 100 countries, according to the release.

The two companies plan to develop solutions to help businesses meet their strategic objectives, according to the release.

Topics: Display Technology, Distributors / Resellers

Companies: AOPEN Inc.

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