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BRIEF-Cxense enters into OEM agreement with MoPowered Group
May 15, 2015 / 10:08 AM / 3 years ago

BRIEF-Cxense enters into OEM agreement with MoPowered Group

May 15 (Reuters) - Cxense ASA :

* Enters into new three-year OEM license agreement with UK mobile ecommerce provider MoPowered Group plc

* In addition to the license agreement, Cxense is also making a minority investment into MoPowered

* Further, both MoPowered and Cxense have agreed to swap shares representing a value of £0.5 million ($786,600.00) as part of building strategic partnership between two companies

Source text for Eikon:

Further company coverage: ($1 = 0.6356 pounds) (Gdynia Newsroom)

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