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Singlebrook sells CMS division to Minnesota firm

ITHACA — Singlebrook Technology on Aug. 12 sold the assets of its content-management system (CMS) division to Minneapolis–based Origin Eight, a digital-development and design agency. The sale included cash and an “earnout,” a contractual provision providing the seller additional compensation in the future if the business achieves certain financial goals. The financial terms of the […]

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ITHACA — Singlebrook Technology on Aug. 12 sold the assets of its content-management system (CMS) division to Minneapolis–based Origin Eight, a digital-development and design agency. The sale included cash and an “earnout,” a contractual provision providing the seller additional compensation in the future if the business achieves certain financial goals. The financial terms of the […]

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Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.