Aurionpro Solutions’ subsidiary - Cyberinc, has entered into a definitive agreement with KPMG LLP, USA, for sale of its Identity and Access Management (IAM) business. The transaction is expected to close on January 31, 2018.
Cyberinc’s IAM business is the largest independent IAM technology provider in the world. The proposed sale will require participation of Cyberinc US, UK, Australia and Aurionpro India. The aggregate purchase price will be around Rs 217.6 crore, all cash, and excludes the product - Cyberinc Entitlement Server.
Aurionpro Solutions is a publicly traded technology company providing software products and expert level consulting services to an extensive global customer base. The company provides valuable operational and technical experience in helping banks provide new and innovative products to their customers.
Company Name | CMP |
---|---|
TCS | 3944.00 |
Infosys | 1424.20 |
HCL Tech. | 1314.95 |
Wipro | 451.95 |
Tech Mahindra | 1261.40 |
View more.. |