Black Box in Talks to Acquire Aeries Technology, Inc. for $70 Million to $90 Million
Photo: TokenPost
Black Box is in early discussions to acquire Mumbai-based Aeries Technology, Inc. for $70 million to $90 million, a potential transaction that would value the company above its current market capitalization. Aeries Technology, Inc. has a market capitalization of $36 million. Its shares rose 4.3%. The proposed deal remains at an early stage. Its structure, funding and timeline have not been finalized. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
