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E&Y Canada acquires development and research firm

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Ernst & Young Canada (E&Y) has acquired a scientific research and experimental development (SR&ED) firm, SRED Automation.

E&Y's Canadian chairman and chief executive Trent Henry said SRED Automation has a history of developing , "leading methodologies and processes that maximize results for clients, with a special focus on private companies".

When the deal closes, 5 July 2013, SRED Automation's team will join E&Y and integrate into the firm's existing SR&ED practice.

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