.
MergerLinks Header Logo

New Deal


Announced

Completed

NTT DATA Services completed the acquisition of NETE.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

bioinformatics

information technology

Information / Data Services

Friendly

Majority

Single Bidder

United States

digital transformation projects

Private

Acquisition

Domestic

Completed

Synopsis

Edit

NTT DATA Services, a provider of technology services, completed the acquisition of NETE, a provider of digital design and transformation services for US Department of Health and Human Services agencies. Financial terms were not disclosed. "NETE clients and employees will benefit from access to the vast resources of a top 10 technology and business services provider, including global R&D, infrastructure and investments in digital transformation and innovation. The depth and breadth of NTT DATA’s commercial experience among healthcare providers, health plans and life sciences, as well as its strong reputation in the public sector, will open the door for additional opportunities for NETE customers," Sandeep Somaiya, NETE Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US