The Board of Directors of Tobii AB (publ) (OM:TOBII) intends to spin off Tobii Dynavox LLC on April 29, 2021. Post completion, Tobii Dynavox LLC will be listed on stock exchange. In related transaction, Tobii AB (publ) intends to merge two of its divisions Tobii Pro and Tobii Tech. In 2020, Tobii Dynavox revenue was SEK 894 million. Henrik Eskilsson, Chief Executive Officer of Tobii AB (publ), announces that if the proposed spin-off takes place, he intends to hand over the role as Chief Executive Officer of Tobii AB (publ). The Board of Directors announces that Fredrik Ruben, currently division Chief Executive Officer of Tobii Dynavox, is intended to be the Chief Executive Officer of Tobii Dynavox as a stand-alone company, and that Anand Srivatsa, currently division Chief Executive Officer of Tobii Tech, is the intended successor as Chief Executive Officer of Tobii. The new Board of Directors will include five members, with Åsa Hedin as Chair and Caroline Ingre, Henrik Eskilsson, Charlotta Falvin, and Carl Bandhold as members. The transaction is expected to complete in fourth quarter of 2021. As of September 2, 2021, the transaction is expected to close by the end of this year. The spin-off process of Tobii Dynavox is going according to plan with its listing on Nasdaq Stockholm set for around the end of 2021. The new board of Tobii Dynavox is operational, and on October 25, 2021, at an extraordinary general meeting, the distribution in kind of Tobii Dynavox was formally approved.

Tobii AB (publ) completed the Spin-Off of Tobii Dynavox LLC in 2021.