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MiMedia Partners with coolpad for Global Device Integration

Story Highlights
  • MiMedia partners with coolpad to integrate its cloud platform into 5 million devices.
  • The collaboration aims to enhance market presence and device appeal for both companies.
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MiMedia Partners with coolpad for Global Device Integration

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The latest announcement is out from MiMedia Holdings Inc ( (TSE:MIM) ).

MiMedia Holdings Inc. has signed a global distribution agreement with coolpad, a leading device manufacturer headquartered in Shenzhen, China. This partnership will see MiMedia’s cloud platform integrated into up to 5 million coolpad mobile devices over the next two years, enhancing coolpad’s product offerings with MiMedia’s unique consumer cloud experience. This collaboration is expected to provide strategic benefits for both companies, potentially boosting MiMedia’s market presence and coolpad’s device appeal.

More about MiMedia Holdings Inc

MiMedia Holdings Inc. provides a next-generation consumer cloud platform that secures personal media in the cloud, accessible across all devices and operating systems. The platform is known for its rich media experience, organization tools, and private sharing capabilities. MiMedia partners with smartphone makers and telecom carriers globally, offering recurring revenue streams and improved customer retention.

Average Trading Volume: 145,434

Technical Sentiment Signal: Buy

Current Market Cap: C$40.31M

Learn more about MIM stock on TipRanks’ Stock Analysis page.

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