Aliso Viejo-based information technology provider UST Global Inc. acquired its second company in May.
Its buy of Atlanta-based Xpanxion LLC adds some 500 employees and 50 clients in the South and Midwest, and in India.
Under the deal, it acquired Xpanxion’s professional services units in Atlanta and Pune, India, and its rural technology centers in Nebraska, Iowa and Kansas. Xpanxion will keep its name.
Financial terms of the agreement were not disclosed.
UST said the acquisition will expand offerings for both companies and boost access to offshore development centers and skilled resources, including analysts, business and technology consultants, and sales and marketing personnel.
Xpanxion provides cloud-based business application development, mobile application development, software testing services, and technology and business consulting.
―Chris Casacchia
