MindTree has completed the closing conditions and obtained necessary regulatory approvals with respect to the acquisition of entire ownership interest in Discoverture Solutions LLC, a limited liability company incorporated under the laws of the Arizona, United States & purchase of specified assets of Discoverture Solutions India, a company incorporated under the Companies Act, 1956, having its registered office at Bhubaneshwar, Odisha.
The company had last month inked definite pact to acquire US-based Discoverture Solutions LLC, a provider of insurance solutions for a consideration of around $15 million.
Mindtree is a global information technology consulting firm specializing in corporate IT services and solutions. It provides services such as Application Maintenance Services, Business Intelligence, Mainframe and System I, Infrastructure Management and Technical Support, etc.