Menu
Menu
DataMotion relocates operations

DataMotion relocates operations

Data security company DataMotion (ASX:DMN) has sold its residual data centre fitout for $530,000, after moving operations to a new data centre in Perth.

DataMotion director Joshua Wellisch said in a statement that the move - which also involved relocating its administrative offices - will significantly reduce overheads.

It forms part of a board effort to strengthen DataMotion's balance sheet to allow for future growth, he said.

DMN shares are trading 50% higher at $0.003.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags ASX:DMNDataMotionexpense reductionData CentreJoshua Wellisch

Show Comments
Computerworld
ARN
Techworld
CMO