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Addvalue: Licensing Of Intangible Properties For US$6 Million To A Leading Company Which Utilizes Satellite-Based Infrastructure In Providing Strong Security Enabled Cloud Data Management Services For Global Enterprise Organisations.

26 Mar 2020 14:19

Addvalue Technologies Ltd's wholly-owned subsidiary, Addvalue Innovation Pte Ltd, has on 25 March 2020 entered into a licensing agreement with a leading company, which utilizes satellite-based infrastructure in providing strong security enabled cloud data management services for global enterprise organisations, in connection with a licensing arrangement to be forged with the Assignee, on a non-exclusive, perpetual and global basis, for a one-time licensing fee of US$6.0 million...

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Source: ShareInvestor Express