Company
Tern PLC
LON:TERN
Tern Plc. is an AIM-quoted investment company focussed on the fast changing IT sector. It aims to get value from proven IT businesses in order to maximise shareholder value. It does this by: Identifying businesses with proven technology and customers Making controlling Investments in businesses that Tern works with to rapidly commercialise sales into markets such as the US Acting as a catalyst to transform the businesses by inputting management skills, expertise and contacts as well as funds Key focus on Internet of Things (IoT), cloud and mobile technologies
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Tern ups its stake in virtual reality group FundamentalVR to 35%
Tern upped its investment following FundamentalVR's recent signing of a three-year joint development agreement with the Mayo Foundation for Medical Education and Research in the US
Hardware & electrical equipment
Tern slumps as investee company Device Authority rows back forecasts
The investment group said that a set of financial forecasts from DA in September 2017 had been contingent on the company raising US$10mln in funds, which had not been completed
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Hardware & electrical equipment
Tern shares soar as marketing of Thales/Device Authority IoT healthcare security blueprint commences
Tern’s CEO, Al Sisto, said: "This clearly shows how DA can provide the level of IoT security required in healthcare/medical cases and is another step in expanding Tern's participation in the medical IoT market"