Endava Announces Acquisition Of DEK; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Endava has announced the acquisition of DEK Corporation Pty Ltd, DEK Technologies Sweden AB, and DEK Vietnam Company Ltd. DEK has 660 employees and is headquartered in Melbourne, Australia, with additional offices in Vietnam and Sweden.

June 09, 2023 | 10:34 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Endava's acquisition of DEK expands its global presence and adds 660 employees to its workforce.
The acquisition of DEK by Endava is a strategic move to expand its global presence and workforce. With DEK's 660 employees and offices in Australia, Vietnam, and Sweden, Endava will have a stronger international footprint. This is likely to have a positive impact on Endava's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100