Smart home technology products developer LightwaveRF is reviewing its strategic options and this could include the sale of the company.
BDO has been appointed as financial adviser for the strategic review.
LightwaveRF has made good progress in building up its sales but management knows that the business requires more cash. Recent fundraisings have taken up management time and a new investor taking a minority interest would be preferred.
© 2019 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
CEPS is selling its investment in the CEM group.
Food ingredients supplier Real Good Food is showing some signs of improvement but there is a long way to go.
Better news from telecoms hardware supplier Filtronic, which is trading in line with expectations.