US-based Indigo Slate to be Acquired by Zensar Technologies
Zensar Technologies, an IT and infrastructure services provider has announced that it has entered into a definite agreement for the purpose of acquiring a US-based digital marketing firm known as Indigo Slate for $18 million. This amount will be paid in advance and there will be some amount which will be paid in future based on the performance over the next three years or so.
Founded in 2006, Indigo Slate is a technology company that focuses on providing services like digital marketing initiative, website content design, mobile site creation. The company showed a revenue of approximately $20 million in the financial year 2018.
“We are one of the leading players in the digital space within the country and nearly about 40 percent of Zensar’s turnover comes from its digital play which is...