Zensar to acquire US-based Indigo Slate for about $18 mn

Zensar to acquire

Indigo Slate for $18 mn

IT firm Zensar said it will acquire U.S. firm Indigo Slate for about $18 million, a move that will strengthen the Indian company’s capabilities in the fast-growing digital services segment. “The company will acquire the entire share capital of Indigo Slate. [The cost of acquisition is] approximately $18 million and deferred payments subject to meeting the performance targets over the 36 months post-closing,” Zensar said in a filing.pti

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