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Sparxent Acquires Arbyte Group

Deal Information
Closing Date: 
06/10/2009
Amount: 
$14440000.00
Acquiror: 
Sparxent
Acquiree: 
Arbyte Group
Description: 
Sparxent, an IT and business solution provider focused on the middle market, announced it has completed its acquisition of Arbyte Group, an IT service provider based in Moscow. Sparxent also announced that Arbyte has acquired RIkkon, a Moscow-based IT management consulting firm. The combination of these companies further expands Sparxent's technology expertise and geographic presence throughout the Russian Federation. Financial terms of the transactions were not disclosed.