We use cookies and other similar technologies (Cookies) to enhance your experience and to provide you with relevant content and ads. By using our website, you are agreeing to the use of Cookies. You can change your settings at any time. Cookie Policy.

Kpit Cummins Acquires SolvCentral.com

Originally published November 23, 2005

Kpit Cummins Infosystems recently announced that it has entered into definitive agreement to acquire SolvCentral.com, a US based company providing business intelligence solutions. With this acquisition, the company will strengthen its business intelligence practice by creating a new line of business, which will help the company provide its customers high end services.

The company will acquire a majority stake in SolvCentral for $2mn. The remaining stake will be acquired over the next 3 years at a price depending on the quantity and quality of revenues of SolvCentral. Payment for the acquisition of SolvCentral will comprise a mix of cash and stock options.


This BeyeNETWORK news item contains information from a recent press release by the company mentioned.