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Forbidden Technologies Secures Extension To IMG Media Deal
LONDON (Alliance News) - Forbidden Technologies PLC on Tuesday said it has agreed a 12-month extension to its deal with IMG Media covering its Forscene cloud video platform.
Forbidden originally signed the agreement with the sports, events and media company in 2015.
No financial details on the project were disclosed, but Forbidden said the value of the new contract is 20% higher than the original deal.
Forbidden shares were up 6.9% to 11.89 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Forbidden Shares in this article
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