Rank One Computing acquires Zuccaro Technical Consulting for $3M; stock falls 15%
By
Manshi Mamtora
2h ago· 1 min readenNews
Summary
Rank One Computing (ROC) is acquiring Zuccaro Technical Consulting (ZTC), a digital forensics and software engineering firm serving U.S. federal agencies. The deal is valued at approximately $3M, consisting of $500K in cash and $2.5M in restricted common stock. Following the announcement, ROC's stock dropped 15%.
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Key quotes
· 2 pulledRank One Computing (ROC) to acquire Zuccaro Technical Consulting (ZTC), a developer of digital forensics solutions and provider of software engineering services to U.S. federal agencies.
ROC (ROC) will pay $500,000 in cash and about $2.5M in restricted common stock
Rank One Computing (ROC) to acquire Zuccaro Technical Consulting ((ZTC)), a developer of digital forensics solutions and provider of software engineering services
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