8K Miles Software Services - US Subsidiary - 8K Miles Software Services Inc. has entered into an asset purchase agreement with Mindprint Inc. (Mindprint), a clinical research software startup focused on analytics and operational software for Clinical Research Organizations (CROs) and Pharmaceutical Sponsors.
This asset purchase agreement includes acquisitions of intellectual property, client contracts and employees. The total consideration in cash and stock, for the acquisition is $400,000 ($150,000 in cash and $250,000 worth of US subsidiary stock). The transaction is expected to close before March 31, 2015, subject to customary closing conditions.
8K Miles Software Services is a global Cloud & Security solutions company. It provides digital technology solutions – SMAC (Social, Mobile, Analytics and Cloud) for seamless connectivity between consumers, SMBs, enterprises etc.
8K Miles Software Services is currently trading at Rs. 738.00, up by 18.00 points or 2.50% from its previous closing of Rs. 720.00 on the BSE.
This asset purchase agreement includes acquisitions of intellectual property, client contracts and employees. The total consideration in cash and stock, for the acquisition is $400,000 ($150,000 in cash and $250,000 worth of US subsidiary stock). The transaction is expected to close before March 31, 2015, subject to customary closing conditions.
8K Miles Software Services is a global Cloud & Security solutions company. It provides digital technology solutions – SMAC (Social, Mobile, Analytics and Cloud) for seamless connectivity between consumers, SMBs, enterprises etc.
8K Miles Software Services is currently trading at Rs. 738.00, up by 18.00 points or 2.50% from its previous closing of Rs. 720.00 on the BSE.
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