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Invuo agrees to sell SEQR to Glase for SEK 8 mln
2017-12-21 11:40:00| Telecompaper Headlines
(Telecompaper) Invuo Technologies, which used to be called Seamless Distribution, has announced an agreement with Swedish company Glase FinTech to sell its SEQR division for SEK 8 million paid in cash. The transaction is scheduled to take place before the end of 2017, when SEQR and all associated costs are taken over by Glase. By selling SEQR instead of winding it down, Invuo expects a cost saving of around SEK 20 million.
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Category:Telecommunications