Article

Quisitive expands industry footprint with acquisition of Microsoft partner Mazik Global

by Jason Gumpert
Editor, MSDynamicsWorld.com

Microsoft technology partner Quisitive has announced it will acquire Chicago-based Microsoft partner Mazik Global.

Quisitive will pay USD $7 million in cash and issue 6.25 million shares of common shares in the transaction, currently worth about CAD $10.1 million.  The company trades on the TSX Venture Exchange.  The deal includes additional earnouts of up to $8 million in cash and stock based on performance targets over three years.

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About Jason Gumpert

As the editor of MSDynamicsWorld.com, Jason oversees all editorial content on the site and at our events, as well as providing site management and strategy. He can be reached at jgumpert@msdynamicsworld.com.

Prior to co-founding MSDynamicsWorld.com, Jason was a Principal Software Consultant at Parametric Technology Corporation (PTC), where he implemented solutions, trained customers, managed software development, and spent some time in the pre-sales engineering organization. He has also held consulting positions at CSC Consulting and Monitor Group.

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