MoneyWorks4Me

8K Miles’ arm to acquire Cintel Systems

22 Apr 2015 Evaluate

8K Miles Software Services - US Subsidiary - 8K Miles Software Services Inc has entered into the Asset Purchase Agreement with Cintel Systems, Inc. (Cintel). This agreement includes acquisitions of Intellectual Property (IP), client contracts and employees. The total amount of this acquisition is considered to be $3,750,000 combination of cash and stock.

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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