MoneyWorks4Me

8K Miles’ arm enters into asset purchase agreement with Mindprint

09 Mar 2015 Evaluate

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.

Peers
Company Name CMP
TCS 2130.00
Infosys 1046.00
HCL Technologies 1238.30
Wipro 164.00
Tech Mahindra 1536.00
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