Nucleus Software Exports has received an approval to acquire a mobile technology solutions company, subject to the terms and conditions. This transaction has been approved up to the investment limit of Rs 5 crore.
The board of directors at its meeting held on January 20, 2016 has approved for the same. This acquisition will be part of the company’s strategic growth initiatives.
Nucleus Software Exports a leading provider of software solutions to the Banking, Financial Services Industry (BFSI). It has developed solutions spanning from retail banking to corporate banking, cash management, internet banking and credit cards.