Persistent Systems wraps up $90.5m acquisition of Data Glove

Persistent Systems wraps up $90.5m acquisition of Data Glove

Persistent Systems has wrapped up the previously announced $90.5 million acquisition of Data Glove, a business transformation services provider based in New Jersey. The deal was announced last month by Persistent Systems. Persistent Systems said that the required customary closing conditions regarding the asset acquisition of Data Glove IT Solutions Private Limited, India, asset acquisitions […]

Persistent Systems to acquire New Jersey-based Data Glove in $90.5m deal

Persistent Systems to acquire New Jersey-based Data Glove in $90.5m deal

Persistent Systems, an Indian technology services company, has agreed to acquire Data Glove, a New Jersey-based provider of business transformation services, in a deal worth up to $90.5 million. The consideration includes a maximum earnout of $34.88 million to be paid over the next two years, which will be contingent on meeting certain performance thresholds. […]