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New Deal


Announced

Infinite Computer Solutions to acquire the former Yahoo Small Business Essentials portfolio from Verizon.

Financials

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

Tags

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United States

Domestic

Pending

Majority

Private

small and medium sized companies

IT Services: Other

Acquisition

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Single Bidder

Synopsis

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Infinite Computer Solutions, a technology company, agreed to acquire the former Yahoo Small Business Essentials portfolio from Verizon, a wireless network operator. Financial terms were not disclosed. “Growing our business as part of this strategic acquisition will open new opportunities, and our collective proficiency will help our customers move faster and smarter. We are creating a sustainable future by creating value faster that enhances the impact of these investments, " Sanjay Govil, Infinite Computer Solutions Founder and Chairman.

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