BIMobject AB: BIMobject establishes subsidiary with leading Japanese building materials supplier
Today, BIMobject AB (BIMobject) and Nohara Holdings, Inc. (Nohara) signed an agreement to establish a co-owned subsidiary: BIMobject Japan. The subsidiary will be given exclusive marketing rights for BIMobject products and services on the Japanese market. The agreement also entails that BIMobject will receive annual licence proceeds of a guaranteed minimum amount of 1 million USD per year during the subsidiary's first three years of operation. BIMobject and Nohara today entered into a long-term agreement to establish a co-owned subsidiary, BIMobject Japan, with the exclusive right to