Vizrt completes sale of Escenic
Bergen, Norway, January 12, 2015, Vizrt Ltd. (Oslo Main List: VIZ). Further to its January 7, 2014 press release, Vizrt Ltd. today announced that it has completed the third and last tranche of the sale of Escenic AS to CCI Europe A/S. According to the terms of the definitive purchase agreement signed in November 2013, CCI acquires the final tranche of 24.5% on December 31, 2014 for a consideration of up to USD 1 million, depending on Escenic’s turnover for financial year 2014.