- Quantify Technology (QFY) has provided an update on its planned merger with GSM Innovations, which owns the Zimi brand
- QFY shareholders will asked to sign off on the merger next week, with a $4 million capital raise also planned
- Ahead of the shareholder meeting, GSM-I advises that Trader has placed an order for 10,000 Zimi brand smart devices
- Beacon Lighting (BCN) is also installing the devices in one-third of its flagship stores
- At the end of October, there were over 5000 active devices on the Zimi cloud network in over two thousand homes across Australia
- Shares in Quantify are currently trading flat at 0.3 cents each
Quantify Technology: Provides update on Zimi merger
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