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Zensar Technologies to buy US firms

Zensar Technologies to buy US firms
PTI
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First Published: Mon, Nov 22 2010. 11 50 AM IST
Updated: Mon, Nov 22 2010. 11 50 AM IST
Mumbai: IT firm Zensar Technologies on Monday said it has entered into an agreement to acquire a US-based limited liability company PSI Holdings Group Inc and its subsidiary.
The wholly owned subsidiary of the company, Zensar Technologies Inc, have entered into an agreement to acquire PSI Holdings Group Inc and its wholly owned subsidiaries, Zensar Technologies said in a Bombay Stock Exchange.
However, the company did not disclose the financial details of the acquisition. The company share was trading at Rs160.40 on the BSE, up by 1.55% from the previous close.
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First Published: Mon, Nov 22 2010. 11 50 AM IST