CWD has entered into Memorandum of Understanding (MoU) with a Leading Global Enterprise Software Company to evaluate a strategic technology alliance focused on hardware deployment, software integration, and new business development opportunities. The proposed engagement aligns with CWD’s long term objective of expanding its smart device ecosystem, deepen enterprise integrations, and unlock scalable growth opportunities through partnerships with leading global software platforms.

Under the MoU, the enterprise software company will evaluate CWD’s SoundBox and other hardware offerings for potential procurement and deployment within its business ecosystem. The Parties will assess the feasibility of integrating the software company’s applications and solutions with CWD’s devices and Insight Platform. CWD and global enterprises software company will explore additional collaboration avenues aligned with their respective strengths, including potential joint go-to-market strategies, commercial frameworks, and co-developed solutions.

CWD operates mainly through the segments of Consumer Electronics and Design and Development of Technology Solutions for various Enterprises and Businesses.