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Keane to Buy SignalTree Solutions

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Bloomberg News

Keane Inc., a seller of software-consulting services to businesses and governments, said it will buy SignalTree Solutions Holding Inc. in Irvine for $62 million in an effort to lower costs by using programmers based in India.

Boston-based Keane will pay cash for all of SignalTree’s shares. Privately held SignalTree has a software development division in India, where more than half of its 750 employees are based.

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