SPS Commerce Expands with Carbon6 Technologies Acquisition
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SPS Commerce ( (SPSC) ) has issued an announcement.
SPS Commerce has entered into a merger agreement to acquire Carbon6 Technologies for approximately $210 million, combining cash and share considerations. The acquisition, aimed at enhancing SPS Commerce’s market position, involves issuing common stock to Carbon6 shareholders and includes regulatory conditions and lock-up agreements for stock transactions post-closing.
More about SPS Commerce
SPS Commerce, Inc. operates in the technology industry, specializing in cloud-based supply chain management solutions. The company focuses on providing electronic data interchange and retail performance analytics services to a variety of stakeholders in the retail sector.
Average Trading Volume: 204,297
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.91B
Find detailed analytics on SPSC stock on TipRanks’ Stock Analysis page.
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