WiSA Association Announces That It Has Received Second Signed 5-Year WiSA E Licensing Agreement With Second Display Brand; Allows Brand To Build WiSA E Software Into Products Providing Consumers With Wireless Immersive Audio Options
Portfolio Pulse from Benzinga Newsdesk
WiSA Association has secured a second 5-year WiSA E licensing agreement with another display brand, enabling the brand to integrate WiSA E software into its products for wireless immersive audio experiences. Additionally, five major display brands are in the process of reviewing/approving the WiSA E License.
December 21, 2023 | 2:06 pm
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POSITIVE IMPACT
WiSA Technologies, Inc. is likely to experience a positive short-term impact due to the announcement of a second signed 5-year WiSA E licensing agreement, indicating expansion and potential revenue growth.
The announcement directly involves WiSA Technologies, Inc. and suggests an expansion of their licensing agreements, which is likely to be viewed positively by investors. The potential for increased adoption of WiSA E software by display brands could lead to higher revenues and market penetration for WiSA, thus the positive score. The high relevance reflects WiSA's direct involvement, and the importance is significant due to the potential revenue impact. The confidence level is high as the information is clear and directly related to WiSA's business operations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100