Why the Vection (ASX:VR1) share price is lifting today
Aaron Teboneras | February 1, 2021 10:26am |
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Vection Technologies Ltd(ASX: VR1) share price is up 4.17 at 12.5 cents in early trade today. This comes after the company announced that it will begin collaborating with global information technology company,
What did Vection announce?
In this morning’s release, Vection advised it has started an original equipment manufacturer (OEM) agreement with HP.
Under the deal, both companies will seek to create virtual reality (VR) integrated solutions to be delivered across 170 countries. The service agreement will be executed using Vection’s VR software and HP’s VR hardware expertise, while tapping into HP’s expansive global network.