Telus is buying information technology firm Xavient for $250 million US

VANCOUVER — Telus International has signed a deal to buy Xavient Information Systems, an information technology consulting firm headquartered in California.
Under the agreement, Telus will initially acquire a 65 per cent stake in Xavient with the right to acquire the remaining interest on or before Dec. 31, 2020.
Vancouver-based Telus says the total price to be paid, including the purchase of the remaining interest, is estimated to be about US$250 million.
Xavient is based in Simi Valley,