La Caisse Arm Buys Database Firm ISC in $872 Million Deal
AI Summary
La Caisse de dépôt et placement du Québec's infrastructure arm is acquiring Canadian database company Information Services Corp. for $872 million. This move highlights significant investment activity in the tech sector, particularly in data management.
The infrastructure arm of Caisse de dépôt et placement du Québec will take Canadian database company Information Services Corp. private in a deal worth C$1.2 billion ($872 million).