International Paper leads $36 million funding for smart radio company Relay
IP International Paper Co
$35.53 +2.90%
View chart & analysis → - 1International Paper led a $36 million funding round for Relay.
- 2The company confirmed the potential for cloud-based radio to capture conversation logs, recording over 4,000 daily conversation transmissions at the Tampa plant.
- 3Currently, more than 20 IP sites are piloting or expanding Relay radio operations.
So what's the key point?
International Paper invested $36 million in a company called Relay. The company is expanding its business by confirming technology that records conversations in factories.
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