Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
California DMV Proposes New Safety Rules for Autonomous Vehicles After Waymo Incidents 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Brazilian Oil Workers’ Strike Continues as Key Petrobras Union Rejects Proposal 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Nvidia and Groq Strike Strategic AI Inference Licensing Deal 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
GLP-1 Weight Loss Pills Set to Reshape Food and Fast-Food Industry in 2025 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
NEW HAVEN, Conn., Sept. 25, 2017 -- Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, iTech US, Inc. and its wholly owned subsidiary SmartWorks, LLC (“the Company”) by SharedLabs, Inc.
Founded in 2001, iTech is headquartered in South Burlington, Vermont and provides IT consulting services with technological expertise across the full IT life cycle. Its wholly owned subsidiary, SmartWorks, is a software consulting and services company that specializes in hiring and mentoring IT professionals in emerging technologies. The Company’s founder and CEO, Kishore Khandavalli, will assume a board-level role with SharedLabs.
SharedLabs is a rapidly growing IT company that supports, manages, repairs, or improves software, applications and ecommerce systems, which drive today’s digital world. SharedLabs is headquartered in Jacksonville, Florida with additional offices in Santa Clara, California, Dallas, Texas, NY Metro, Montreal Canada, and Reston, Virginia.
Headquartered in New Haven, CT, Woodbridge International, a global M&A firm, was founded in 1993 and has 30 offices worldwide.
Contact:
Larry Reinharz, Managing Director
Phone: (203) 389-8400 Ext. 209
