Xylo Technologies Supports Viewbix's Upcoming Nasdaq Listing
Xylo Technologies Ltd. (NASDAQ: XYLO) is thrilled to announce a significant development in the tech landscape: Viewbix Inc. (NASDAQ: VBIX), a global innovator in ad-tech, is gearing up for its shares to be listed on the Nasdaq Capital Market. This event marks a pivotal moment for both companies, reflecting their commitment to driving forward digital advertising innovation.
Viewbix: A New Chapter on Nasdaq
With Xylo holding a substantial indirect stake of 45.74% in Gix Internet Ltd., which owns over 2.8 million shares of Viewbix, the company’s strong foundation is evident. As Viewbix prepares to initiate trading under the symbol “VBIX,” expectations are high not only within the company but also among investors who recognize the potential of this strategic move.
An Exciting Milestone
Liron Carmel, the Chief Executive Officer of Xylo, expressed immense pride in Viewbix’s accomplishment. “Witnessing Viewbix's uplisting to a prestigious platform like Nasdaq is a thrilling milestone for all of us,” said Carmel. This sentiment encapsulates the excitement and strategic foresight that Xylo brings to the table through its investment in Gix Internet. The uplisting is seen as a critical step for Viewbix in gaining visibility and enhancing its growth trajectory across major capital markets.
Understanding Viewbix's Operations
Viewbix operates through its subsidiaries, Gix Media Ltd. and Cortex Media Group Ltd., focusing on the burgeoning field of digital advertising. With two robust branches—search technology and digital content creation—Viewbix is poised to make waves in how digital advertising is approached. The search segment is dedicated to crafting innovative software solutions aimed at automation and optimization of online marketing campaigns.
Diverse Revenue Streams
Moreover, the digital content segment crafts tailored content in multiple languages to cater to varied target audiences. By leveraging leading advertising platforms like Google and Facebook, Viewbix ensures that it maximizes revenue generation for its partners, showcasing its technological prowess. The use of sophisticated tools empowers advertisers, enabling them to enhance the profitability of their campaigns while driving user engagement effectively.
Xylo's Vision and Broader Impact
Beyond its investment in Viewbix, Xylo Technologies Ltd. is defining its identity in the realms of advanced medical solutions, digital commerce, and electric vehicle markets. This array of interests illustrates Xylo’s strategy of diversifying its technological affiliations, which includes partnerships with Polyrizon Ltd. in medical solutions and collaborations with Eventer Technologies Ltd. in digital commerce.
Expanding Technological Frontiers
Xylo’s exploration into the electric vehicle industry highlights its ambition to invest in emerging technologies and markets. Partners such as Charging Robotics, Inc. and Revoltz Ltd. align with this vision as the demand for electric vehicles grows. This strategic diversification equips Xylo with a unique position to capitalize on multiple high-growth sectors simultaneously.
Company Outreach
Xylo Technologies is actively traded on the Nasdaq Capital Market, providing stakeholders with regular insights into its development and strategic direction. For those interested in delving deeper into Xylo’s technological innovations and growth strategies, they can explore more through Xylo's investor relations portals.
Contact Information
For direct inquiries, stakeholders can reach out to:
Tali Dinar, Chief Financial Officer at ir@xylotech.ai.
For investor relations, Michal Efraty can be contacted at michal@efraty.com.
Frequently Asked Questions
What is Xylo Technologies Ltd. known for?
Xylo Technologies Ltd. focuses on innovative technologies in medical solutions, digital commerce, and electric vehicles.
What recent development has Viewbix Inc. achieved?
Viewbix Inc. has received approval to list its shares on the Nasdaq Capital Market, under the symbol “VBIX.”
What is the relationship between Xylo Technologies and Viewbix?
Xylo Technologies holds a significant stake in Gix Internet, which in turn has a substantial ownership in Viewbix.
How does Viewbix enhance digital advertising?
Viewbix creates optimized software solutions for digital advertising campaigns and generates tailored content for various platforms.
Where can I find more information about these companies?
Interested individuals can visit the official websites of both Xylo Technologies and Viewbix for detailed insights and updates.
