Market Overview

MphasiS To Acquire Digital Risk

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MphasiS, a unit of Hewlett-Packard Co (NYSE: HPQ), announced its plans to acquire Digital Risk LLC for $175 million.

The deal is likely to close by January 31, 2013.

Hewlett-Packard shares gained 0.78% to close at $12.99 on Friday.

Posted-In: merger and acquisitionM&A News

 

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