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    <title>Vertoz to acquire marketing automation firm Webimax</title>
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    <description>Vertoz Ltd will acquire 100% of Webimax LLC for an enterprise value of USD 6.6 million via Vertoz Inc., acquiring ~80% now for Rs 46.8 crore and the remaining 20% over three years tied to performance milestones; incumbent management will remain. Financing comprises 75% debt from a government financial institution and 25% from Vertoz&#039;s internal cash flow, with the acquisition expected to add about USD 9.5 million in revenues and Rs 17 crore in annualised PAT.</description>
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