Mumbai
The Economic Times (Delhi edition)
Zylog Systems announced it has received board approval to acquire two US-based companies PEQ Consulting Inc and Fairfax Consulting. While it will spend Rs 35 crore on the Fairfax acquisition, the PEQ takeover will cost the company Rs 12 crore. The acquisitions would be funded through internal accruals. A couple of weeks back, the company had completed acquisition of Dubai-based Ducont FZ LLC, which operates in the mobile and wireless space.
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