Aug 22 (Reuters) - Quorum Information Technologies Inc QIS.V
* Quorum announces acquisition of Autovance Technologies Inc
* Quorum Information Technologies Inc - Signed a definitive agreement with Autovance Technologies Inc
* Quorum Information Technologies Inc - Corporation will acquire all of issued and outstanding shares of company
* Quorum Information Technologies says will acquire all shares of Autovance for deal value comprised of a combination of cash and RSUs of quorum