US firm acquires majority stake in Praxa

US firm acquires majority stake in Praxa

Leading Australian systems integration house Praxa has accepted a proposal from US-based company Mantech International to purchase 51 per cent of the Melbourne-based integrator. In a prepared statement Praxa managing director Graeme Thomson said the move is an opportunity for some Praxa shareholders to realise their investment and for Mantech to gain entry into the Australian market through existing channels.

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