Glodyne Techno serve

Glodyne buys US Decision One for $104 mn

Glodyne buys US Decision One for $104 mn

Glodyne Techno serve , a provider of technology Infrastructure Management Services is acquiring US based Decision One Corporation , also an IMS company , for $ 104 million and it is to be funded through a combination of debt , equity and cash reserves . The company shall get its equity enhanced through issuance of shares under the preferential allotment route to leading private equity funds, for approximately $ 23 million.