Brief: Tecnotree Concludes Asset Purchase Agreement With Cognitive Scale
11/12/2022 16:18
Dec 11 (Reuters) - Tecnotree Oyj TEM1V.HE :
* TECNOTREE CONCLUDES ASSET PURCHASE AGREEMENT WITH
COGNITIVE
SCALE INC
* MAINTAINS ITS GUIDANCE FOR 2022
* EXPECTS TO SEE AN INCREASE OF ARR OF 5 MILLION USD DURING
2023
DUE TO THIS TRANSACTION
* TECNOTREE-VALUE OF DEBTS ASSUMED BY TECNOTREE OYJ
INCLUDING COST
OF INTEREST IS VALUED AT $5.4 MILLION; TOTAL VALUE OF
TRANSACTION FOR TECNOTREE IS $6 MILLION
Source text for Eikon: ID:nWkr1HZJxb
Further company coverage: TEM1V.HE
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Tecnotree Oyj
See all newsBrief: Resilience Investment Says It Received Approvals To Complete Tender Offer For All Shares In Tecnotree
Brief: Sutel Deploys Tecnotree Platform To Modernize Mobile Prepaid Registration In Costa Rica
Brief: Resilience Investment Holdings Ltd Extends Offer Period For Voluntary Recommended Public Cash Tender Offer For All Shares And Equity Securities In Tecnotree
Brief: Tecnotree Says Tender Offer Period Extended To June 3
Brief: Telus Selects Albion, Tecnotree For VAS Platform