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Seeing Machines’ spin-out on hold
Driver monitoring and safety technology designer Seeing Machines (SEE:AIM) has confirmed to Shares its decision to delay the planned spin-out of its FOVIO automotive business as talks continue with potential investors. There is even the chance of a strategic rethink as the company explores all avenues to maximise shareholder value. We believe a decision looks likely in the early part of 2017. (SF)