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Catenae Innovation acquires 51% stake in Hyperneph Software for £320K | 4 May 2021


4 May 2021 | 08:38am
StockMarketWire.com - Digital media and technology provider Catenae Innovation said it had acquired a 51% take in Hyperneph Software for £320,000.
The rationale for the acquisition is to secure and enhance the company s ability to deliver innovative software-based solutions . allowing Catenae to provide a broader portfolio of product and service offerings to support customers as they pursue new ways of working with people located remotely in distributed operations, the company said.
Under the terms of the deal, £270,000 would be in cash and the balance of £50,000 would be paid in shares.
At 8:38am: [LON:CTEA] Catenae Innovation Plc Ord 0.1p share price was 0p at 2.9p ....

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Catenae Innovation snap up stake in 'win win' Hyperneph Software collaboration


Catenae Innovation snap up stake in win win Hyperneph Software collaboration
Catenae Innovation Plc s (LON:CTEA) Guy Meyer talks to Proactive London after announcing that it has acquired a 51% interest in Hyperneph Software for £320,000.
Hyperneph is a software and application development consultancy, focusing on digital transformation. The rationale for the acquisition is to secure and enhance its ability to deliver innovative software-based solutions.
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