Wednesday, February 20, 2008

Guidance Execs In Buyout

Marina Del Rey-based Guidance, a provider of application development, system integration, and other services, said today that the firm's CEO and CTO have purchased the company from its original founders. Financial terms of the deal were not disclosed. According to Guidance, Jason Meugniot, CEO of the firm, and Jon Provisor, CTO of the company, purchased the firm from founders Joe Tang, T.K. Pillan and Vijay Kotrappa. The founders remain as minority shareholders in the privately owned company.

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