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When Ottawa-based IT and senior care technology firm Fully Managed announced last week it had landed a new $25-million financing round, CEO Mark Scott said the company planned to invest part of the cash in “strategic acquisitions across North America.”

It didn’t take him long to make good on that pledge.

Fully Managed said Monday it’s acquired Calgary-based managed service provider TWT Group in a cash-and-share deal that closed last Friday. The company would not provide further details about the transaction. read the rest here

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