Zensar to buy US-based PSI Holdings Group
Moneylife Digital Team 22 November 2010

IT firm Zensar Technologies Ltd said it has entered 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, has 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. 
On Monday, Zensar Technologies ended 2.44% up at Rs161.80 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.90% up at 19,957.59 points.
 

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