Azerion and Bidstack resolve all claims and prepare new collaboration for 2024
22 Décembre 2023 - 8:01AM
Azerion and Bidstack resolve all claims and prepare new
collaboration for 2024
Amsterdam, 22 December 2023 - Azerion and
Bidstack have today announced the full and final settlement of all
previous claims outstanding between the parties. The two companies
will also sign a new commercial agreement granting Azerion access
to Bidstack’s in-game advertising inventory. A total payment of EUR
3 million will be made by Azerion for the settlement and the
establishment and activation of the technical and commercial
collaboration between the companies, expected to be operational in
early 2024.
Sebastiaan Moesman, Azerion says “We are pleased
to announce both the settlement of all past disagreements and a new
commercial alliance between our companies going forward. After
resolving our previous differences, what remains is two companies
in the same industry with a complementary offering. We are
therefore looking forward to re-establishing our relationship in
2024 and integrating Bidstack’s technology and in-game advertising
opportunities into our offering towards our advertisers again.”
About AzerionFounded in 2014, Azerion
(EURONEXT: AZRN) is one of Europe’s largest digital advertising and
entertainment media platforms. Azerion brings global scaled
audiences to advertisers in an easy and cost-effective way,
delivered through our proprietary technology, in a safe, engaging,
and high quality environment, utilizing our strategic portfolio of
owned and operated content with entertainment and other digital
publishing partners.
Having its roots in Europe and with its
headquarters in Amsterdam, Azerion has commercial teams based in
over 26 cities around the world to closely support our clients and
partners to find and execute creative ways to make a real impact
through advertising.
For more information visit: www.azerion.com
Contact:Investor Relationsir@azerion.com
Mediapress@azerion.com
DISCLAIMER
This communication may include forward-looking statements. All
statements other than statements of historical facts are, or may be
deemed to be, forward-looking statements. Forward-looking
statements include, among other things, statements concerning the
potential exposure of Azerion to market risks and statements
expressing management’s expectations, beliefs, estimates,
forecasts, projections and assumptions. Words and expressions such
as aims, ambition, anticipates, believes, could, estimates,
expects, goals, intends, may, milestones, objectives, outlook,
plans, projects, risks, schedules, seeks, should, target, will or
other similar words or expressions are typically used to identify
forward-looking statements.
Forward-looking statements are statements of future expectations
that are based on management’s current expectations and assumptions
and involve known and unknown risks, uncertainties and other
factors that are difficult to predict and that could cause the
actual results, performance or events to differ materially from
future results expressed or implied by such forward-looking
statements contained in this communication. Readers should not
place undue reliance on forward-looking statements. Any
forward-looking statements reflect Azerion’s current views and
assumptions based on information currently available to Azerion’s
management.
Forward-looking statements speak only as of the date they are
made and Azerion does not assume any obligation to update or revise
such statements as a result of new information, future events or
other information, except as required by law.
Azerion Group NV (EU:AZRN)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Azerion Group NV (EU:AZRN)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024