Tobii prepares to spin off Tobii Dynavox
STOCKHOLM, April 29, 2021 /PRNewswire/ --
The Board of Directors of Tobii today announced that it is conducting a review of the group's structure and has initiated work intended to prepare for a public listing of Tobii Dynavox, following distribution of its shares to the shareholders of Tobii, in accordance with the rules of Lex Asea[1].
Tobii's Board of Directors believes that a split of Tobii Group into two parts - one consisting of the division Tobii Dynavox and the other of a merge of the two divisions Tobii Pro and Tobii Tech - has the potential to further accelerate the long-term business growth and success of both entities, and hence create substantial shareholder value.