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Provider: Sadif Analytics Prime
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ad pepper media International NV Sells Its Danish Subsidiary Emediate ApS to Cxense AS

Friday, 15 Nov 2013 02:39am EST 

ad pepper media International NV announced that it has agreed the sale of its Danish subsidiary Emediate ApS, Copenhagen, to the Norwegian web-based solution provider Cxense AS, Oslo. The Company will thus be completely withdrawing from the business of developing and selling self-developed ad-serving solutions. It is disposing of 100% of the shares in Emediate ApS with economic effect as of November 1, 2013. The purchase price totals EUR 7.4 million (cash and debt free).