Datamatics Global Services has acquired Board control and will acquire 71.1% equity stake i.e. 39,10,000 fully paid equity shares of Rs 1 each in Techjini Solutions. The company has acquired Board control with effect from July 01, 2017. The company will acquire 71.1% equity stake on or before July 30, 2017.
This step has been taken to further strengthen Datamatics’ enterprise mobility offerings through target company’s range of smart technology solutions. It will enable the acquirer and target company to offer wider and comprehensive suite of solutions to their existing customers and expand operations in India and US.
Datamatics Global Services, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT), Engineering solutions (ES) and Business Process Outsourcing (BPO) services.
