Remark Announces Sales And Marketing Collaboration With Arrow Electronics And Intel
Portfolio Pulse from Benzinga Newsdesk
Remark Holdings, Inc. (NASDAQ:MARK) has announced a sales and marketing initiative with Arrow Electronics (NYSE:ARW) and Intel (NASDAQ:INTC). The collaboration will expand Remark's reach to Arrow's 200,000+ customers, providing them with Intel-powered AI servers that run Remark's Smart Safety Platform (SSP). Arrow will provide distribution, inventory, and logistical sales support. The collaboration is expected to drive profitable growth for all involved parties.
October 30, 2023 | 1:08 pm
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POSITIVE IMPACT
Arrow Electronics' collaboration with Remark and Intel will provide it with a new product to distribute, potentially increasing its revenues.
The collaboration with Remark and Intel will provide Arrow with a new product to distribute. This could lead to increased sales and revenues.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Intel's collaboration with Remark and Arrow Electronics could increase its sales of AI servers, potentially increasing its revenues.
The collaboration with Remark and Arrow will provide Intel with an opportunity to increase its sales of AI servers. This could lead to increased revenues.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Remark's partnership with Arrow Electronics and Intel will expand its customer base and potentially increase its revenues. The collaboration is expected to drive profitable growth.
The partnership with Arrow and Intel will provide Remark with a larger customer base and increased distribution capabilities. This could lead to increased sales and revenues, driving profitable growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100