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Nucleus Software Exports to acquire mobile technology solutions company

21 Jan 2016 Evaluate

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.


Peers
Company Name CMP
TCS 2093.60
Infosys 1012.55
HCL Technologies 1253.40
Wipro 165.20
Tech Mahindra 1564.50
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