Beskrivning
| Land | Norge |
|---|---|
| Lista | OB Match |
| Sektor | Tjänster |
| Industri | IT-konsult & onlinetjänster |
Following the squeeze-out by Piano Software B.V. ("Piano") of the minority shareholders in Cxense ASA ("Cxense") announced earlier today, Cxense hereby announces that its board of directors today has approved a joint merger plan for a cross border merger between Cxense as the transferring company and Piano as the acquiring company.
The proposal implies that Piano, upon expiry of the credit notice periods and after the merger having entered into effect pursuant to both Dutch and Norwegian law, shall take over the assets, rights and obligations from Cxense in their entirety in accordance with section 13-36 of the Norwegian Public Limited Liability Companies Act , cf. section 13-25 et sec, regarding cross-border mergers between a foreign parent company and a wholly owned Norwegian subsidiary without consideration. Cxense will, thereafter, be dissolved.
The merger plan will be published in the Norwegian Register of Business Enterprises' announcements platform in accordance with section 13-13, cf. section 13-25.
For further information, please contact:
Piano
Trevor Kaufman, CEO, Piano Software, Inc.
Phone: +1 646 350 1999
Cxense
Jørgen Evjen, Chairman, Cxense ASA
Phone: + 47 928 04 014
About Cxense:
Cxense helps publishers and marketers across the globe to transform their raw data into their most valuable resource. Cxense's leading Data Management Platform (DMP) with Intelligent Personalization, gives companies unprecedented insight into their individual customers, and enables them to action this insight real-time in all marketing and sales channels. Cxense Conversion Engine empowers publishers to monetize insight into their audience's behaviour and preferences in order to increase subscription revenues. Cxense works with brands such as The Wall Street Journal, Aeon, Grupo Clarin, NBC, The Mainichi Newspapers, Universal, Singapore Press Holdings and many more. Cxense is headquartered in Norway with offices worldwide and the company is listed on the Oslo Stock Exchange with the ticker "CXENSE".
About Piano:
Piano, a company with operations in New York, London, and Amsterdam, offers high-performance cloud-based software and strategic services that empower companies to create customized digital experiences and commercial relationships for their users. Leading businesses around the world including Hearst, NBCUniversal, Business Insider, The Economist, Harvard Business Review, Le Parisien, Ringier Axel Springer, Prometheus, Mansueto, The Associated Press, and over 150 other leading organizations use Piano to power their subscription, registration, analytics, entitlement, and personalization efforts. The company is one of Inc's 500 Fastest Growing Companies in North America, one of Red Herring's Top 100 Startups in North America, and has won Digiday, CODIE, and numerous other awards for its innovative suite of software products.