Endava Expands Presence In Asia Pacific Via DEK Acquisition - What's On The Cards
Portfolio Pulse from Akanksha Bakshi
Endava Plc (NYSE:DAVA) has announced the acquisition of DEK Corporation Pty Ltd, DEK Technologies Sweden AB, and DEK Vietnam Company Ltd, a multinational firm that develops software and hardware solutions. The acquisition is part of Endava's diversification strategy, strengthening its Australian operations and potentially using DEK's delivery capabilities in Vietnam for future major delivery locations.
June 09, 2023 | 2:12 pm
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Endava's acquisition of DEK Corporation strengthens its Australian operations and expands its presence in Asia Pacific, potentially benefiting its stock price.
The acquisition of DEK Corporation is a strategic move for Endava to strengthen its Australian operations and expand its presence in the Asia Pacific region. This expansion could lead to increased revenue and growth for the company, which may positively impact its stock price in the short term.
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