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Peerless entered into a definitive merger agreement on 22 December 2014 to be acquired by Mobius for USD 7.
Akshay Gupta, managing director and CEO, Peerless Funds Management Company stated : In our quest for deeper and more inclusive penetration, which will benefit maximum customers with effective capital market solutions, we are privileged and proud to partner with Allahabad Bank.
The deal will see Peerless represent Skytech in Europe while in the US and Canada, Skytech will promote Peerless' valves and products through its 30-strong sales force.
Steve Crutchley, managing director of Peerless Gas Controls, said: "We believe our agreement with Skytech will result in a major breakthrough in the US market for Peerless as Skytech is one of the major players in this market.
Dale Behnen, co-owner of Peerless Resource Recovery and Peerless Landfill, was the principal organizer of the seminar.
The Workmans formed KNL Holdings LLC to buy Peerless, and the transaction was completed on Feb.
The Sprint peerless IP network is specifically tailored to meet the performance and security demands of government customers by eliminating connections to the public Internet and creating a closed user group environment," said Tony D'Agata, vice president and general manager for Sprint's Government Systems Division.
Under the terms of the bi-lateral agreement, WESOFT will undertake development of new product programs using Peerless Systems software-based imaging and networking systems technology, including Peerless' ImageWorks(tm) delivery system.
These are the first Tally products integrating Peerless ImageWorks technology and Peerless QP1910 ASIC.
Peerless provides software-based embedded imaging systems to original equipment manufacturers of digital document products, such as copying machines, printers and scanners.
If all goes as planned, Peerless will purchase another roaster based in Northern California before the end of 1991.
Our London point of presence is another example of our commitment to providing higher-quality options for our customers," said Rick Knight, Executive Vice President of Sales and Marketing for Peerless Network.