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Computer Sciences Corp buys AppLabs; PE corporations exit

US-based info technology firm pc Sciences Corp. (CSC) has acquired all of software testing company AppLabs Technologies Pvt. Ltd for a worth that VCCircle, the net tracker of venture capital and personal equity (PE) transactions, said could also be the maximum amount as Rs.1,200 crore.

The transaction, that gave PE investors a chance to exit AppLabs, was announced by the corporations in Hyderabad, where AppLabs includes a massive operation.

The purchase offers the Falls Church, Virginia-based CSC a 10-year-old, privately held company with two,500 check professionals and a portfolio of rising technologies and proprietary tools.