Market Overview

HiSoft Acquires Nouveon Tech for $5.5M

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


Most Popular

Related Articles (HSFT)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free

Benzinga Professional