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Parametric to buy Servigistics for about $220 mln
August 8, 2012 / 10:15 AM / in 5 years

Parametric to buy Servigistics for about $220 mln

Aug 8 (Reuters) - Parametric Technology Corp said it would buy privately held Servigistics Inc for about $220 million in cash to enhance its service lifecycle management (SLM) software solutions business.

The product-design software maker expects the deal to be completed in September 2012.

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