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Hyro lands $4 million Agility Interactive deal

Hyro lands $4 million Agility Interactive deal

The latest deal comes on the back securing another project with ANZ bank

ASX-listed digital services company, Hyro (ASX:HYO) has signed an agreement with wagering and media company, Agility Interactive, to develop components for its online wagering products.

Under the $4 million agreement, Hyro will also supply a range of customer experience services and augment Agility’s technical services.

The news comes on the back of securing a deal with banking and financial services provider, ANZ to implement a major portal project.

The digital portal solution provides ANZ with a go-to-market platform for their marketing strategy, arming customers with news, research and information sourced from experts.

The types of services supplied includes business analysis, solution architecture to a range of technical and development services.

In March, Hyro entered into a trading halt placing three of its subsidiaries, Fluoro, One Planet Solutions and Hyro Services into voluntary administration.

It settled an $8.5 million legacy debt for a cash payment of $1.2 million with the Australian Taxation Office.

At the time, Hyro chairman, Robert Clarke, said the settlement presented the final step in restructuring and refocusing the group.


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Tags Hyro LimitedANZ Banking Group LtdAustralian Taxation Office (ATO)

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