Grupo Aqua acquires 54% stake in Huddle Group

Wednesday, January 19, 2011

Investment group Grupo Aqua has acquired a majority stake in Argentine consultancy and software developer Huddle Group, local newspaper El Cronista reported.

Through ACX Partners One LP, Grupo Aqua acquired 54% of Huddle Group's shares. The price was not reported.

Founded in 2004, Huddle Group is currently carrying out various projects involving the iPhone and iPad. It has development centers in the Argentine cities of Bahia Blanca and Buenos Aires, as well as in Santiago, Chile, and the US.

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