DSS, Inc. Announces Sale of Celios® to Impact BioMedical, Streamlining Portfolio for Strategic Growth
DSS, Inc. Sells Celios® Air Purification Asset: DSS, Inc. has sold its Celios® air purification technology to Impact BioMedical Inc. for approximately $1.15 million as part of its strategy to streamline operations and focus on core business areas.
Impact on Business Strategy: The sale allows DSS to concentrate on high-impact investments while enabling Impact BioMedical to enhance the potential of the innovative air purification technology, aligning with DSS's commitment to long-term shareholder value.
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