Enea Acquires Romania's IP Devel

June 2008
EmergingMarketsNOW;6/2/2008, p13
The article reports that Enea, a supplier of carrier grade platform software and professional engineering services, has acquired IP Devel, information technology (IT) outsourcing services provider, for $5 million in a cash deal. The company is expected to make additional payment on the basis of IP Devel's financial performance after four years. With approximately 600 employees, Enea has a presence in many countries including North America, Sweden, and France.


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