CitiusTech, after completing FluidEdge acquisition, is considering SPAC

Tom Paine

CitiusTech, a provider of healthcare technology solutions.which views Princeton as its primary headquarters though its roots are in India, is considering going public via a SPAC, Bloomberg reports. Baring Asia, whch acquired Citius for a reported $750 miilion in 2019, is said to be seeking a $1 billion valuation.

In December 2020, CitiusTech completed the acquisition of Malvern-based FluidEdge Consulting and CitiusTech also announced the appointment of Eric Schultz as the executive vice president of CitiusTech and president of FluidEdge Consulting..