SenSen Networks Ltd's (ASX:SNS) (OTCQB:SNNSF) Dr Subhash Challa tells Proactive's Andrew Scott they've entered into a share purchase agreement for the acquisition of Scancam - Australia’s leading provider of AI anti-theft solutions to fuel retailers. He says the acquisition provides SenSen with a strong foundation to grow into the retail industry as Scancam’s award-winning AI technology prevents drive-offs at service stations, thereby addressing a major problem for fuel retailers in Australia.
SenSen Networks talks strategic acquisition of Scancam
Quick facts: SenSen Networks Ltd
Price: 0.125 AUD
Market Cap: $69.68 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...FOR OUR FULL DISCLAIMER CLICK HERE