Store Electronic Systems (NYSE Euronext: SESL, FR0010282822), the global leader in electronic shelf labels (ESL) for retail, and Findbox GmbH, the German-based innovative retail technology start-up, today announced a strategic and financial partnership.
SES-imagotag announces an investment in Findbox to accelerate the German technology start-up’s development and to kick-off a technology and industrial partnership between the two companies. This initial minority investment underpins an exclusive Memorandum of Understanding signed by SES-imagotag and Findbox today for the acquisition by SES-imagotag of 100% of Findbox over a 3-year period.
