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SENASTE
We think Tobii is right to initiate a strategic review with the aim of spinning out and listing Tobii Dynavox while integrating Tobii Pro and Tobii Tech under one brand (“Tobii”). As Dynavox multiples are expected to be medtech-like and with Tobii Tech being early into its S-curve (thus trading at sales multiples), we think this will be value creative for shareholders and strengthen the balance sheet.
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