Cxense ASA - sale of its wholly-owned subsidiary Emediate ApS in Denmark

Cxense ASA (Cxense) has on 14 December 2017 completed the sale of its wholly-owned subsidiary Emediate ApS (“Emediate”) in Denmark to Adnuntius AS in a transaction valuing Emediate at an enterprise value of USD 800,000.

This comes in line with Cxense’s new strategy as announced on 24. August 2017 to pursue a growth strategy with focus on DMP with Intelligent Personalization and to divest non-core business.

Aabø-Evensen & Co is legal advisor to Cxense ASA.

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