(News Bulletin 247) – Metavisio (Thomson Computing) announces the creation of a subsidiary in India, Metavisio India, in order to respond to calls for tenders from the Indian government, for the tablet, notebook and server parts.

Stephan Français, CEO. de Metavisio has also signed a distribution contract for the Thomson brand with a local Indian distribution company specializing in public markets.

‘The chance given to Metavisio with the Thomson brand is mainly due to the Indian government’s recent decision to prohibit Chinese brands from public procurement’, underlines the company.

Thanks to this opportunity, Metavisio estimates that it will be able to recover between 20 and 200 million dollars of orders from the Indian government in IT products for the year 2023 and even more for the following years.

In addition, with the assistance of the American investment bank BCW Securities LLC, the company aims to raise 10 million euros in equity in March 2023 then an additional 10 million euros by the end of July 2023 in as part of a dual listing on the Nasdaq.

Thanks to this new equity, Metavisio plans to continue its growth in 2023 with a hiring program on 4 continents.

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