DealsJun 3, 2026, 04:22 PM
Treasure Global Inc. Signs Software Development Deal with Nexe Cloud Limited
AI Summary
Treasure Global Inc. has entered into a Software Development Agreement with Nexe Cloud Limited to design, develop, and deliver an enterprise business intelligence system. The agreement, effective May 28, 2026, has a term of one year and includes a first milestone payment of $300,000. Nexe Cloud Limited will be responsible for various workstreams including architecture planning, data warehousing, integration, and BI visualization. The agreement also outlines terms for termination, intellectual property rights, indemnification, and confidentiality.
Key Highlights
- Treasure Global Inc. engaged Nexe Cloud Limited for software development.
- The agreement covers design, development, testing, and delivery of an enterprise business intelligence system.
- The first milestone payment of $300,000 is due within two days of the effective date.
- The agreement has a term of one year from the effective date of May 28, 2026.
- Nexe Cloud Limited will provide indemnification for losses arising from service provision.
- Confidentiality obligations extend for five years post-agreement, with perpetual confidentiality for source code and proprietary technology.
Price Impact
More from TGL