There hasnt been an announcement on Testfire Labs yet.....so its hard to comment on a tweet .
But it would fit with the general thesis that LVT is well positioned as a gatekeeper for any number of enterprise software products that create a more intelligent workspace. In the case of Testfire they appear to have a very interesting product that uses AI to take minutes of meetings so that people who cannot attend a meeting can quickly catch up on what happened. It would be a tough task for a start-up to start marketing a new product like this from scratch. BUT it makes an easy add-in and optional extra to the Live Tile portal. The employee/executive opens his portal, glances through his notifications to see which meetings he/she missed and clicks to see the minutes. Its something that the LiveTiles Account manager for Nike or Pepsi or Fox Entertainment could up-sell in a few seconds. This is what makes LVT's hub position providing the cloud based portal so interesting.
We expect to see LVT continue to develop "add-on" products, either by in-house development (like LiveTiles Bots), or by acquisition (like Hyperfish) or possibly by partnership (possibly like Testfire).
But .....we havent seen a formal announcement yet. This is a tweet from a start up and obviously distribution by LVT would be a huge credibility boost for them.
LVT Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held