Mastek’s North American subsidiary -- MajescoMastek -- is planning further acquisitions following its listing on the New York Stock Exchange through its buyout of Cover-All Technologies.
The company had earlier this month agreed to buy US-listed Cover-All Technologies in an all-stock deal. In September, Mastek had announced that it would merge its insurance business into Majesco. Mastek also acquired the insurance business of Agile Technologies.
Mastek is a high-end provider of vertically-focused enterprise technology solutions and platforms that unleash the optimum potential of its clients' business. Its vertical focus includes insurance (Life, Pensions and General), Government/Public Sector, and Financial Services sectors.
