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QAD Inc Announces Acquisition Of CEBOS, Ltd.
QAD Inc announced that it has acquired Michigan-based CEBOS, Ltd., a provider of enterprise-class quality management and regulatory compliance solutions to global companies. QAD paid $5.0 million in cash, $3.5 million upon closing, and $1.5 million to be paid over the next two years subject to an earn-out.
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