Offer to acquire Cxense ASA - offer document now available
With reference to the joint stock exchange release from Cxense ASA and Piano Software B.V. made on 5 August 2019, Cxense ASA and Piano Software B.V. hereby announce that the offer document for the voluntary offer to acquire all of the issued and outstanding shares of Cxense ASA ("Cxense") has been approved by the Oslo Stock Exchange (the "Offer").
The complete details of the Offer, including all terms and conditions, are set out in the attached offer document. The offer document is also being sent to Cxense's shareholders.
DNB Bank ASA, Securities Services, is the receiving agent. For questions regarding acceptance of the Offer, please contact: Receiving Agent: DNB Bank ASA, Securities Services, tel. +47 23 26 80 20, and filled-in acceptance forms for the Offer are sent to e-mail: retail@dnb.no.
For further information, please contact:
Cxense
Lars B. Thoresen, Chairman of the Board of Directors, Cxense ASA
Phone: +47 957 07 494
Christian Printzell Halvorsen, CEO, Cxense ASA
Phone: +47 992 29 546
Piano
Trevor Kaufman, CEO, Piano Software, Inc.
Phone: +1 646 350 1999
About Cxense:
Cxense helps publishers and marketers across the globe to transform their raw data into their most valuable resource. Cxense's leading Data Management Platform (DMP) with Intelligent Personalization, gives companies unprecedented insight into their individual customers, and enables them to action this insight real-time in all marketing and sales channels. Cxense Conversion Engine empowers publishers to monetize insight into their audience's behaviour and preferences in order to increase subscription revenues. Cxense works with brands such as The Wall Street Journal, Aeon, Grupo Clarin, NBC, The Mainichi Newspapers, Universal, Singapore Press Holdings and many more. Cxense is headquartered in Norway with offices worldwide and the company is listed on the Oslo Stock Exchange with the ticker “CXENSE”.
About Piano:
Piano, a company with operations in New York, London, and Amsterdam, offers high-performance cloud-based software and strategic services that empower companies to create customized digital experiences and commercial relationships for their users. Leading businesses around the world including Hearst, NBCUniversal, Business Insider, The Economist, Harvard Business Review, Le Parisien, Ringier Axel Springer, Prometheus, Mansueto, The Associated Press, and over 150 other leading organizations use Piano to power their subscription, registration, analytics, entitlement, and personalization efforts. The company is one of Inc’s 500 Fastest Growing Companies in North America, one of Red Herring’s Top 100 Startups in North America, and has won Digiday, CODIE, and numerous other awards for its innovative suite of software products.