Xeriant to Acquire Significant Interest in XE
shot by IP News Shots / 5:58 pm on 31 December, 2020
With the signing of a Letter of Intent (LoI), Xeriant Inc. will acquire a significant interest in the business of its strategic alliance partner Xeriant Europe s.r.o. (XE). The deal will help Xeriant in participating in XE’s business operations for the next six months along with the expected long-term appreciation of capital. Currently, XE has exclusive marketing and IP rights for the aerospace technologies developed in collaboration with Xeriant for the US, North America regions, and the rest of the world.
Industry: Aerospace | Type of IP: Deals - Acquisitions