Ray Anderson speaks to Proactive London’s Andrew Scott about the expansion of Bango’s global data partnership with South Korean big data business, NHN Corp.
NHN will invest £6.5M into the Audiens data platform, owned by Bango’s subsidiary Bango Deep, giving NHN a 60% stake. In addition to the Bango Deep investment, NHN has also agreed to subscribe for around 3.5M new shares in Bango itself, for £3.2M.
This is one of the two deals referred to in Bango’s trading update issued at the end of December 2019.