Cryptzone Group AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Cryptzone Group AB Sells SE46 AB and SE46 Product Family
Cryptzone Group AB announced that it continues to focus its product offering and sells SE46 product family. The sale is made through the sale of patents and intellectual property rights. The purchase price is SEK 500,000. The buyer intends to acquire the subsidiary SE46 AB, which is almost a dormant company. The sale is made to individuals who were previously partners in SE46 and then been employed in Cryptzone since the acquisition. Letter of intent has been signed and the sale is to take place as soon as possible. Existing customers will have access to continued support and development with regard to SE46 products. Agreement on support for existing customer contracts has been signed with the buyer and extends over a three-year period. The sale means that some of the staff will be offered employment by the buyer.
- Share this
- Digg this