Brodos to acquire a majority stake in european Inventory of Xplora Technologies.

Brodos, a mobile service provider, agreed to acquire a majority stake in european Inventory of Xplora Technologies, a smartwatch company for kids. Financial terms were not disclosed. “We are excited to announce Brodos as our European Master Distribution partner. The agreement allows us to re-allocate up to 60 MNOK working capital, currently used for inventory, to secure financial resilience and enable further growth to the company," Sten Kirkbak, Xplora CEO.