View Inc rises on acquiring RXR Realty's data analytics platform

View

07/12/2021 18:08

** Shares of tech co View Inc  VIEW.O  jump 10.1% to $4.46
    ** VIEW, which makes AI-driven apps for buildings, acquires
real estate co RXR Realty's WorxWell data analytics platform
 urn:newsml:reuters.com:*:nGNX5Z8hFd
    ** Financial details of acquisition undisclosed
    ** WorxWell aggregates building data including occupancy,
space usage among other things into a consolidated dashboard
    ** Earlier this year, VIEW bought IoTium, a cloud-based
services provider   urn:newsml:reuters.com:*:nL3N2OK3FZ
    ** VIEW is down 59.5% so far this year

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94))