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MicroStrategy Inc Announces Sale Of Angel Subsidiary

Tuesday, 26 Feb 2013 08:30am EST 

MicroStrategy Inc announced that it entered into an agreement to sell subsidiary, Incorporated, provider of cloud-based customer experience management (CEM) solutions for interactive voice response and contact centers, to Genesys Telecommunications Laboratories, Inc. The aggregate purchase price is approximately $110 million in cash. The transaction is expected to be completed in March 2013. 

Company Quote

2.99 +1.75%
10:30am EST