Brief: Triboo signs agreement with Shiny to set up unit Triboo Data Analytics
30/01/2017 12:36
Jan 30 (Reuters) - Triboo SpA TB.MI :
* Signs an agreement with Shiny and its unit MediaStoke for the acquisition of the business
units related to data, location based advertising and video advertising
* Sets up Triboo Data Analytics, 51 pct owned by Triboo and 49 pct by Shiny
* Consideration for the acquisition of the business units is composed of a fixed part, equal
to 1.5 million euros ($1.60 million), and a variable part based on future results
* The agreement with Shiny and Mediastoke led to the acquisition of the two business units
via the newly formed Triboo Data Analytics
Source text for Eikon: ID:nBIA301cc
Further company coverage: TB.MI
($1 = 0.9397 euros)
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