Monitise Expands Global Alliance With IBM
21 July 2014 - 6:11PM
Dow Jones News
LONDON--Monitise PLC (MONI.LN) said Monday it and International
Business Machines Corp. (IBM) have agreed an expanded, multi-year
global alliance to deliver cloud-based mobile commerce solutions to
help financial services institutions embrace the mobile channel and
better engage with customers.
Monitise shares at 0740 GMT up 1 pence, or 1.18%, at 43 pence
valuing the company at 831 million pounds ($1.42 billion).
-Write to Ian Walker at ian.walker@wsj.com
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