RWS Acquires Obviously Group Limited

AI summary

MAIDENHEAD, England--(BUSINESS WIRE)--RWS (AIM: RWS), a global AI solutions company, has acquired Obviously Group Limited (“Obviously”), a next generation integrated platform that enables enterprise clients to seamlessly manage, protect and enforce their Intellectual Property (“IP”) and brand integrity. RWS will pay £16.5 million in initial cash consideration, with up to a further £23.5 million in deferred contingent consideration payable over three financial years subject to agreed profit targ