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Global Surface Computing Market to Reach US$147.1 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Surface Computing estimated at US$21.6 Billion in the year 2020, is projected to reach a revised size of US$147.1 Billion by 2027, growing at a CAGR of 31.5% over the period 2020-2027.
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(Reuters) - Private equity firms Clearlake Capital Group and TA Associates have acquired control of U.S. software company Precisely from another private equity firm in a $3.5 billion deal, a source familiar with the matter told Reuters.
The seller, Centerbridge Partners, will remain a minority investor, the source said late on Tuesday.
It was not immediately known how much Clearlake and TA Associates will each own in Precisely, nor how the deal will be funded.
The Wall Street Journal had reported earlier that TA Associates and Clearlake, which was already a minority investor in Precisely, had agreed to back Precisely, whose legal name is Syncsort Inc, and become its new owners.
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Private equity firms Clearlake Capital Group and TA Associates have acquired control of U.S. software company Precisely from another private equity firm in a $3.5 billion deal, a source familiar with the matter told Reuters.
The seller, Centerbridge Partners, will remain a minority investor, the source said late on Tuesday.
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Try refreshing your browser, or Two private equity firms take control of U.S. software company Precisely in $3.5 bln deal- source Back to video
It was not immediately known how much Clearlake and TA Associates will each own in Precisely, nor how the deal will be funded.
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