Announced
Synopsis
Renovus Capital-backed DataServ, a provider of managed IT, cybersecurity and infrastructure solutions, agreed to merge with Xfact, an IT consulting and digital transformation firm. Financial terms were not disclosed. "This is more than a business transaction - it is a strategic alignment of two organizations that believe in using technology to strengthen the institutions that shape the future of our communities," Mahendran Jawaharlal, DataServ Chairman of the Board.
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