11:43 AM EST - Pivot Technology Solutions : Has acquired all shares of TeraMach Technologies Inc., a leading Canadian provider of information technology products and services. Terms of the acquisition were not disclosed but TeraMach is a profitable and growing private company with annual revenues of approximately $100 million and gross margins that are similar to Pivot's. This was an all-cash transaction financed by way of Pivot's existing borrowing facilities. Pivot Technology Solutions
shares V.PTG are trading unchanged at $0.46.
