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Wireless

Bango finishes full acquisition of Audiens after revenue targets reached

Friday 22 November 2019 | 11:31 CET | News
Mobile commerce specialist Bango said it has met its revenue and other targets for Audiens, the Italian data management startup it bought last year, two months ahead of schedule. With the targets hit, Marko Maras founder of Audiens and CEO of the operations within Bango, will receive the deferred compensation element agreed upon during the acquisition procedure. Bango will also acquire the remaining shares in Audiens for EUR 1.16 million. When that transaction completes in January, Audiens will be 100 percent owned by Bango.

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Categories: Mobile & Wireless
Companies: Bango / ING Bank
Countries: World
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