CMG to acquire Adit for $6.9m

By Graham Hayday, 9 November 1999 15:42

NEWS Computer Management Group (CMG) is set to acquire German IT services firm, Adit, in a $6.9m deal. According to a Reuters report, Adit will become part of CMG as of 1 January 2000. Adit - which specialises in the ERP and CRM markets - had a turnover of DM6.7m ($3.5m) in the first half of this financial year, and made a profit of DM1.8m ($955,000).

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