Information Services Group (ISG) has announced the sale of its automation unit to UST for $27 million in an all-cash deal. This divestiture aims to sharpen ISG’s focus on its core advisory services and strengthen its balance sheet. The automation unit, established in 2017, specialized in robotic process automation (RPA). ISG’s CEO stated that the sale enhances shareholder value and positions both companies for future growth. The transaction is expected to yield net proceeds that could reduce debt and return capital to shareholders.
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