Skip to content

Phunware Share Price Rallies After Partnering with Vizzia Technologies

Sam Boughedda trader
Updated 11 Mar 2021

Practice Stock Trading Your capital is at risk
Phunware logo

Integrated enterprise cloud platform company, Phunware’s (NASDAQ: PHUN) share price is gaining on Thursday after the company announced it has partnered with Vizzia Technologies.

The deal will see Phunware offer its digital front door solution on mobile to healthcare organisations that leverage Vizzia’s real-time location systems (RTLS) technology.

Phunware’s share price is up 40.74% at $2.28 following the announcement.

Phunware’s digital front door solution is optimized for mobile on its Multiscreen-as-a-Service (MaaS) enterprise cloud platform.

Together, Phunware and Vizzia represent a next-generation digital front door solution for health systems looking to leverage complex location data and best-in-class mobile engagement,” said Andrew L. Halasz, CEO and Founder of Vizzia Technologies.

Phunware’s President, CEO, and Co-Founder, Alan Knitowski, commented: “The future of healthcare will be tech-enabled and contextual, so partnering with a leading RTLS company like Vizzia is a natural fit.

“Together, Phunware and Vizzia can help hospitals cut costs, streamline complicated processes and ultimately improve patient care.”

Should you invest in Phunware shares? Tech stocks offer some of the best growth potential, but time and time again, traders and investors ask us “what are the best tech stocks to buy?” You've probably seen shares of companies such as Amazon and Netflix achieve monumental rises in the past few years, but there are still several tech stocks with room for significant gains. Here is our analysts view on the best tech stocks to buy right now…

Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.