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All the posts appearing in the channel are only for educational and informational purposes.
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*Shalby* entered into a definitive agreement to acquire certain assets from California-based Consensus Orthopedics for a cash consideration of $11.45 mn (about Rs 85 crore). Consensus designs and manufactures orthopedic implants and instruments with sales predominantly in North America. *Positive*
Zensar Technologies s acquired US-based data engineering and digital engineering firm M3bi for $33 million, including $9 million to be paid over three years based on meeting certain performance goals. This acquisition will be completely funded by internal accruals The deal is expected to close on or before August 31, 2021 or upon fulfilment of closing conditions, whichever is earlier. M3bi posted revenue of $26.75 mn in CY20 (+25.6% over CY18-20)*Positive*