Lionbridge Acquires Productive Resources for $12M
Lionbridge Technologies, Inc. (Nasdaq: LIOX) today announced that it has acquired Indiana-based Productive Resources, LLC (PRI), a privately-held provider of outsourced technical engineering, documentation and drafting solutions, for approximately $12 million, net of cash. The addition of PRI will address growing demand for integrated solutions that enable organizations to effectively author, illustrate and translate their content and technical documentation.
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