Expanding Partnerships and Expertise in AI and RPA Solutions

  • UST Global acquires Information Services Group’s automation unit for $27 million
  • Deal strengthens UST’s presence in intelligent-automation market
  • 120 senior automation consultants and technologists globally
  • Existing partnerships with Automation Anywhere, UiPath, and Blue Prism

UST Global has acquired Information Services Group’s automation unit for $27 million, a move that will strengthen its presence in the intelligent-automation market and prepare the digital transformation solutions provider for future growth. The acquisition brings over 120 senior automation consultants and technologists across the globe to UST, who provide intelligent-automation solutions using artificial intelligence, robotic process automation, and automation technologies. Additionally, the deal includes existing partnerships with Automation Anywhere, UiPath, and Blue Prism, which will expand UST’s network of partners and allow the company to deliver a broader set of services to its clients.

Factuality Level: 10
Factuality Justification: The article provides accurate information about the acquisition of ISG’s automation unit by UST Global, the number of consultants and technologists in the acquired unit, their expertise in intelligent-automation solutions, and how it will expand UST’s network of partners. It also mentions existing partnerships with Automation Anywhere, UiPath, and Blue Prism.
Noise Level: 3
Noise Justification: The article provides relevant information about the acquisition of ISG’s automation unit by UST Global and highlights the benefits for UST’s growth and expansion of partnerships. However, it lacks in-depth analysis or exploration of long-term trends or consequences of this deal.
Public Companies: Automation Anywhere (), UiPath (), Blue Prism ()
Private Companies: UST Global,Information Services Group
Key People:

Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The acquisition of ISG’s automation unit by UST Global is financially relevant as it involves a $27 million deal, but it does not have a significant impact on financial markets or individual companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Deal Size: 27000000
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Medium
Affected Instruments: Stocks

Reported publicly: www.marketwatch.com