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Phunware Share Price Rallies After Partnering with Vizzia Technologies

Sam Boughedda trader
Updated 11 Mar 2021

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Integrated enterprise cloud platform company, Phunware’s (NASDAQ: PHUN) share price is gaining on Thursday after the company announced it has partnered with Vizzia Technologies.

The deal will see Phunware offer its digital front door solution on mobile to healthcare organisations that leverage Vizzia’s real-time location systems (RTLS) technology.

Phunware’s share price is up 40.74% at $2.28 following the announcement.

Phunware’s digital front door solution is optimized for mobile on its Multiscreen-as-a-Service (MaaS) enterprise cloud platform.

Together, Phunware and Vizzia represent a next-generation digital front door solution for health systems looking to leverage complex location data and best-in-class mobile engagement,” said Andrew L. Halasz, CEO and Founder of Vizzia Technologies.

Phunware’s President, CEO, and Co-Founder, Alan Knitowski, commented: “The future of healthcare will be tech-enabled and contextual, so partnering with a leading RTLS company like Vizzia is a natural fit.

“Together, Phunware and Vizzia can help hospitals cut costs, streamline complicated processes and ultimately improve patient care.”

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Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples. 
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