Brief: Rosetta Stone, Sourcenext announce strategic partnership in Japan
14/03/2017 20:20
March 14 (Reuters) - Rosetta Stone Inc RST.N :
* Rosetta stone and Sourcenext announce strategic
partnership in Japan
* Rosetta Stone -will have first rights to license products
developed by Sourcenext under Rosetta Stone Brand, trademark for
resale in territories outside of Japan
* Rosetta Stone Inc - as part of deal Sourcenext to pay
co$13.5 million, before certain adjustments, with additional $6
million to be paid over next ten years
Source text for Eikon: ID:nGNXNQSVWa
Further company coverage: 4344.T
((Bangalore.newsroom@thomsonreuters.com;))