MPS has entered into a Business Transfer Agreement with Tata Industries for acquisition of Tata Interactive Systems (A business division of Tata Industries). MPS has also entered into Share Purchase Agreements with Tata Industries for acquisition of 100% shares held by Tata Industries in its wholly owned subsidiaries, Tata Interactive Systems GmbH, a German based company & Tata Interactive Systems AG, a Switzerland based company.
MPS is a leading provider of platforms and services for content development, production, and distribution.