Business software maker Deltek Inc. said Thursday that it will acquire database and market information company Input Inc. for $60 million in an all-cash transaction.
The deal is expected to close Friday.
Input, based in Reston, Va., has nearly 200 employees and had revenue of $26.2 million for 2009. Deltek, based in Herndon, Va., said Input’s capabilities complement its existing applications.
Shares of Deltek, whose software and services help automate project management, fell 10 cents to $8.03 in early afternoon trading.
Source:http://www.canadianbusiness.com/markets/market_news/article.jsp?content=D9IIDNRG0
