Rhipe Limited acquires New Zealand based Parallo for NZ$4.25 million
SYDNEY: The Board of rhipe Limited has entered into binding legal agreements to acquire 100 percent of the share capital of Parallo Pty, a New Zealand-based IT services provider that specialises in infrastructure and cloud deployment technologies, a news release said. The initial purchase price for Parallo is NZ$4.25m payable in cash upon completion of…