Deutsche Post Sells Messaging App to Brabbler
March 13 2019 - 4:48AM
Dow Jones News
By Nathan Allen
Deutsche Post AG (DPW.XE) said Wednesday that it will sell its
secure messenger app SIMSme to digital-communications developer
Brabbler AG for an undisclosed amount.
As part of the deal, Deutsche Post will take a stake in Brabbler
to participate in the future development of the SIMSme
platform.
The deal is set to close soon, Deutsche Post said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
March 13, 2019 05:33 ET (09:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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