Zensar buys ThoughtDigital

Zensar buys ThoughtDigital

<b>Zensar to pay $24.9mn for ThoughtDigital</b><br><br> Zensar Technologies, US, a wholly-owned subsidiary of Zensar Technologies, today executed a purchase agreement with ThoughtDigital LLC, US, a Delaware liability company and its holding company SOA Software, for purchase the whole business of ThoughtDigital LLC, US for $24.90 million.<br><br> Zensar today said the funding for the buy out will be via internal accruals and borrowings in the ratio of 60:40.<br><br>

Last Updated: Feb 23 2007 | 12:00 AM IST

<b>Zensar to pay $24.9mn for ThoughtDigital</b><br><br> Zensar Technologies, US, a wholly-owned subsidiary of Zensar Technologies, today executed a purchase agreement with ThoughtDigital LLC, US, a Delaware liability company and its holding company SOA Software, for purchase the whole business of ThoughtDigital LLC, US for $24.90 million.<br><br> Zensar today said the funding for the buy out will be via internal accruals and borrowings in the ratio of 60:40.<br><br>

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