Atturra's Unit Acquires US-Based Cloud Integration, Services Firm

MT Newswires Live
2025/03/10

Atturra (ASX:ATA) has acquired US-based Kitepipe, through its unit, Atturra North America, according to a Monday filing with the Australian bourse.

The deal, finalized under a membership interest purchase agreement, includes an upfront cash payment of $3.15 million and potential earn-out payments of up to $3.18 million based on Kitepipe achieving performance targets for the current fiscal year and the fiscal year 2026, the filing said.

Integration costs for the deal are estimated at $350,000, the filing added.

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