Indigo's losses were shrugged off by the market as the company revealed a contract that will give ...
Indigo's losses were shrugged off by the market as the company revealed a contract that will give it a stronger foothold in the North American market. The deal adds to those revealed since February involving closed-circuit television services and chip designer companies. Broadening the customer base for Indigo's digital video technology is important because of its reliance on licensing fees. Losses did increase as the company burned slightly more than £3m. However, it retained more than £35m cash at the end of the period.
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