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October 18, 2018

Burlington-based Perfecto Mobile acquired for $200M

Burlington-based Perfecto Mobile Inc., a decade-old software-testing firm, is set to be acquired by Perforce Software Inc., the two companies announced on Monday. The deal comes about a year after Perfecto brought on a new chief financial officer and shifted its financial strategy to focus on profitability over rapid growth.

Minneapolis-based Perforce will pay roughly $200 million for Perfecto, according to a Perfecto spokesperson. Perfecto will operate as an independent subsidiary of Perforce once…

Source: Boston Biz

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