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Brainchip Holdings signs exclusive licence for neural network technology

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  1. March 20 (Reuters) - Brainchip Holdings Ltd (BRN)

    • Exclusive licence signed for neural network technology
    • Brainchip announced that it has signed an agreement with French-based technology transfer company toulouse tech transfer
    • Agreement to license exclusive rights to jast learning rules and algorithms developed by cerco, a preeminent public research lab in france
    • Costs related to transaction in 2017 are expected to be immaterial relative to company's total expenses
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