Cisco Systems, Inc has announced collaboration with Northzone Venture’s Appear Networks to deliver an integrated location services solution for the Stockholm Subway. The solution will deliver personalised, real-time information to users in underground stations, anywhere across the Wi-Fi network.
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Bowmark will provide additional funding of £100m to fund the company's add-ons acquisitions
Exit represents an 18x return on Octopus's initial investment and a 9x return on its total investment
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties