Norway, March 19 -- Hawk Infinity Software AS ("HIS") has entered into an agreement for the sale of 100% of Jotta AS ("Jotta"), and the establishment of a strategic joint venture ("SJV") with HIS and Telenor within cloud storage services (the "Transaction"). The new SJV will consist of Jotta and Telenor Software Lab AS ("TSL") and will be owned 50%/50% by HIS and Telenor. The SJV will create a strong Norwegian alternative to international cloud service providers. Jotta has grown steadily over many years through its cloud service offering under the Jottacloud brand and through platform partnerships with large partners within telecom, retail and finance. Telenor Norge has through TSL offered the cloud service Min Sky to mobile subscribers and...