Updated Jun. 13, 2014 at 3:42 p.m.

Premium Lock I-Cube sale prompted by more than money, CEO says

Published: 2014-06-13 15:34:48
Updated: 2014-06-13 15:42:51

I-Cubed's Donald Thompson I-Cubed's Donald Thompson
Tags: I-cubed, NCSU

Raleigh software firm I-Cube cruised down the information highway with 35 percent year over year growth it fueled with profits, but "To really take things to the next level and grow faster, we needed capital investment," says David Thompson, CEO. The company sold its product lifetime management business to India-based KPIT for up to $24 million it announced today. Thompson discussed the deal in detail in an exclusive interview....

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