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HiSoft Acquires Nouveon Tech for $5.5M

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HiSoft Technology International Limited (NASDAQ: HSFT) announced today that it has acquired 100% of the equity interests in Nouveon Technology Partners, Inc.

Under the terms of the agreement, HiSoft will pay an initial consideration of US$5.5 million in cash with additional contingent consideration to be paid based on Nouveon's financial performance over the next two years.

Posted-In: News M&A

 

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