Cambridge Technology Partners, which employs more than 100 people in its Dublin office, has announced the acquisition of US-based Excell Data Corporation. Under the terms of the agreement, Cambridge will issue 1.6 million shares of its common stock for all of the shares of Excell.
Excell, which specialises in the integration of Microsoft products, was founded in 1991 and reported pre-tax profits of $1.6 million (£1.1 million) on sales of $32.3 million last year.