06.12.2013
ad pepper media International N.V. NL0000238145
DGAP-Adhoc: ad pepper media International N.V.: ad pepper media sells Crystal Semantics to WPP Group
ad pepper media International N.V. / Key word(s): Disposal/Investment
06.12.2013 17:48
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
ad pepper media sells Crystal Semantics to WPP Group
Nuremberg/Amsterdam, December 06, 2013
ad pepper media international N.V. today reached agreement with WPP Group
(UK) Ltd. concerning the sale of its semantic online advertising technology
and will thus be selling its 100 percent stake in Crystal Semantics Ltd.
with economic effect as of December 01, 2013. The two companies have agreed
a purchase price of USD 3 million, of which a portion of roughly EUR 1
million (EBT) will impact on earnings and liquidity in the current
financial year.
At the same time, ad pepper media International N.V. and WPP Group have
agreed a long-term license agreement enabling ad pepper media to draw on
Crystal's trailblazing targeting and brand safety solution in future as
well.
By selling Crystal Semantics, the ad pepper media Group will significantly
reduce its current research and development expenses. Overall, the company
expects to see annualized cost savings on a scale of EUR 1 million.
For further information:
Jens Körner (CFO)
ad pepper media International N.V.
phone: +49 (0) 911 929057-0
fax: +49 (0) 911 929057-157
E-mail: [email protected]
06.12.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: ad pepper media International N.V.
Hogehilweg 15
1101 CB Amsterdam
Netherlands
Phone: +49 911 9290570
Fax: +49 911 929057-157
E-mail: [email protected]
Internet: www.adpepper.com
ISIN: NL0000238145
WKN: 940883
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
ad pepper media International N.V. ISIN: NL0000238145 können Sie bei EQS abrufen
Internet-Services , 940883 , APM , XETR:APM