Sonata Software To Acquire Microsoft Dynamics Partner IBIS Inc.
October 29 2015
India-based IT services firm Sonata Software announced it has signed an agreement to acquire US-based IBIS Inc., a Microsoft Dynamics AX and CRM partner with expertise in supply chain management.
Sonata's North American subsidiary will pay $8.6 million in cash and another $5.4 million in earn-outs over two years, according to a regulatory filing with the Bombay Stock Exchange.
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