INTEGRATED MEDIA TECHNOLOGY LIMITED Launches IoT (Internet of Things) Business Unit Through Acquisition
Integrated Media Technology Limited (NASDAQ: IMTE) ("IMTE" or the Company), announced today the launch of its newly formed IoT (Internet of Things) business unit through the entry into a conditional agreement to acquire a 70% equity interest in Shenzhen Koala Wisdom Fire Engineering Co., Ltd. ("Shenzhen Koala"), a company that is in the business of marketing and selling IoT solutions.
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