Brief: Toadman Acquires Tangentix Assets For GBP 50,000
15/10/2019 07:07
Oct 15 (Reuters) - Toadman Interactive AB (publ) TOAD.ST :
* TOADMAN ACQUIRES TANGENTIX LTD ASSETS FOR £50,000
* HAS ACQUIRED ASSETS OF UK-BASED TANGENTIX LTD FOR 50,000
POUNDS
TO STRENGTHEN ITS ABILITY TO REACH A BROADER AUDIENCE NETWORK
AND TO SET A FOUNDATION FOR STRONGER DIGITAL PUBLISHING
CAPABILITIES
* TOADMAN WILL SECURE OWNERSHIP OF ALL TANGENTIX' PATENTS,
DIGITAL
RIGHTS, DEVELOPMENT TECHNOLOGY AND DOMAIN RIGHTS OF THEIR
DIGITAL PUBLISHING PLATFORM GAME SESSIONS
* AS OF 30 SEPTEMBER 2019, COMPANY WENT INTO ADMINISTRATION
AND
TOADMAN ACQUIRED ASSETS THROUGH A BIDDING PROCESS
* GAME SESSION'S WEBSITE WILL BE DOWN TEMPORARILY WHILE
TOADMAN
WORK ON UPDATES. TOADMAN EXPECTS TO OPEN UP SERVICE AGAIN DURING
Q4 2019
Source text for Eikon: ID:nWkr89J8z9
Further company coverage: TOAD.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))