Holland & Knight & King Stubb & Kasiva advised CompuGain™, a leading cloud solutions provider, in its sale to Unisys Corporation for $87.3 million on a cash-free, debt-free basis. The transaction, announced on Dec. 14, closed concurrently with the signing of the acquisition agreement.
Unisys is a global IT solutions company whose offerings include digital workplace solutions, cloud and infrastructure solutions, enterprise computing solutions, business process solutions and cybersecurity solutions. CompuGain's capabilities in application modernization, cloud-native agile application development and cloud and hybrid cloud data management, including its designation as an Amazon Web Services Advanced Consulting Partner, will deepen Unisys' cloud offerings.
Prithiviraj Senthil Nathan, Partner, King Stubb & Kasiva advised CompuGain on the Indian leg of the transaction.