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Rhype raises $20m for nSynergy deal

Information technology company Rhype is seeking to raise $20 million to buy a Microsoft-endorsed cloud solutions company called nSynergy Group.

Sarah Thompson, Anthony Macdonald and Jake Mitchell
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Information technology company Rhype is seeking to raise $20 million to buy a Microsoft-endorsed cloud solutions company called nSynergy Group.

Rhype shares were in a trading halt on Thursday as Blue Ocean Equities went about finding investors for the $20 million deal.

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Original URL: https://www.afr.com/companies/financial-services/rhype-raises-20m-for-nsynergy-deal-20141127-11vgv0