Glodyne Technoserve completes DecisionOne acquisition
Moneylife Digital Team 02 July 2010

Mumbai-based IT service company, Glodyne Technoserve Ltd said it completed the acquisition of the US-based Technology infrastructure management services (IMS) company DecisionOne Corp, for about $104 million.

In a regulatory filing, Glodyne said the transaction would strengthen its position in the North American market. The transaction would also broaden the service offering portfolio across many segments, including: data center, networking, server, workstation, and storage services, as well as application management services.

On Friday, Glodyne shares closed 0.25% up at Rs763 on the Bombay Stock Exchange, while the Sensex ended at 0.28% down at 17,460 points.

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