PE-backed Endurance International to buy India's Directi
Endurance International Group, a US-based web hosting services provider controlled by Warburg Pincus and Goldman Sachs, has agreed to buy Indian online services firm Directi Web Technology for up to $110 million.
Endurance announced the acquisition, which is expected to close in the last quarter of 2013, when it filed to raise up to $400 million through a NASDAQ IPO. A portion of the proceeds will be used to cover...
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