LAKS GmbH, the Austria based wearable payments company, and wearonize AG, the Switzerland based wearable payments company, have agreed to establish a joint venture, that will control their sub-brand called LAKS Pay.
Target – Laks Pay (joint Venture Wearonize / Laks gmbh)
Buyer – Wearonize AG
Buyer – Laks GmbH
Seller – Shareholders