View acquires cloud services provider IoTium, shares fall

View

08/07/2021 15:48

** Shares of tech co  VIEW.O  fall 7.2% to $6.97
    ** VIEW, which makes artificial intelligence-driven
applications for buildings, says it has acquired cloud-based
services provider IoTium  urn:newsml:reuters.com:*:nGNX1HJ2cZ
    ** IoTium's solutions are easy to deploy and enable building
owners to quickly make buildings secure and reduce operating
costs - co
    ** Financial details of acquisition were undisclosed
    ** VIEW had fallen 36.8% YTD, including session's losses

 (Reporting by Amruta Khandekar)
 ((Amruta.Khandekar@thomsonreuters.com;))