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Zensar Technologies to acquire IT services firm - M3bi - Vimarsana News

Zensar Technologies to acquire IT services firm - M3bi

Zensar Technologies Inc, USA, wholly owned subsidiary of Zensar Technologies (the Company), has entered into definitive agreement(s)/document(s) for acquisition of 100% of the membership interests in M3bi, LLC, USA. Further, the Board of Directors ('Board'), inter-alia, approved/concurred/consented to acquisition of M3bi India, India and accordingly the Company has entered into definitive agreement(s)/document(s) for acquisition of entire equity share capital of M3bi India, subsidiary of M3bi, LLC, USA. M3bi's capabilities in the areas of data engineering, business intelligence & analytics,...

Zensar strengthens its data engineering and analytics capabilities with acquisition of M3bi - Vimarsana News

Zensar strengthens its data engineering and analytics capabilities with acquisition of M3bi

Zensar and the management of M3bi announced today that they have entered into a definitive agreement for Zensar to acquire M3bi, a Scottsdale, Arizonabased data engineering and digital engineering firm. Zensar Technologies will acquire the entire share capital of M3bi (M3bi India), and its wholly owned subsidiary, Zensar Technologies Inc., will acquire the entire share capital of M3bi LLC. This acquisition will be completely funded by internal accruals. The addition of M3bi reinforces Zensar's new strategy which focuses on areas of market opportunities that allow Zensar to concentrate organi...