8K Miles Software Services’ US-subsidiary 8K Miles Software Services, Inc. has entered into a definitive agreement to acquire Cornerstone Advisors Group, LLC. (Cornerstone), a leading US Healthcare Information Technology company, for $10.25 million inclusive of earn-out payments as a combination of cash and stock from the 8K Miles US-subsidiary. This acquisition is subject to customary closing conditions and is expected to close in quarter ending March 31, 2017.
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.