M&A Deal Summary

Planit Software Testing Acquires TenXLabs Technologies

On July 14, 2016, Planit Software Testing acquired software company TenXLabs Technologies from TalentSprint Education Services Pvt.

Acquisition Highlights
  • This is Planit Software Testing’s 1st transaction in the Software sector.
  • This is Planit Software Testing’s 1st transaction in the United States.
  • This is Planit Software Testing’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2016-07-14
Target TenXLabs Technologies
Sector Software
Buyer(s) Planit Software Testing
Sellers(s) TalentSprint Education Services Pvt.
Deal Type Divestiture

Target

TenXLabs Technologies

Philadelphia, Pennsylvania, United States
TenXLabs Technologies is a software testing services company focused solely on software testing and quality assurance for new age digital enterprises.

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Buyer(S) 1

Buyer

Planit Software Testing

Reading, United Kingdom

Category Company
Founded 1997
Sector Software
DESCRIPTION

Planit Software Testing is a provider of quality assurance, providing organisations around the world with consultancy and training to ensure project success.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

TalentSprint Education Services Pvt.

Hyderabad,, India

Category Company
Founded 2008
Sector Education
DESCRIPTION

TalentSprint is a provider of professional skill development and integrated talent management.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-27 Java Learning Center

Bengaluru, India

Java Learning Center is a provider of advanced programming courses in Java and related technologies to new job seekers and young professionals, and is the preferred brand in Bengaluru for aspirants seeking employment in the IT sector.

Buy -