Indigo's losses were shrugged off by the market as the company revealed a contract that will give ...
Indigo's losses were shrugged off by the market as the company revealed a contract that will give it a stronger foothold in the North American market. The deal adds to those revealed since February involving closed-circuit television services and chip designer companies. Broadening the customer base for Indigo's digital video technology is important because of its reliance on licensing fees. Losses did increase as the company burned slightly more than £3m. However, it retained more than £35m cash at the end of the period.
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes