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Sonata Software’s arm to acquire stake in SemiCab

25 Feb 2020 Evaluate

Sonata Software’s wholly owned subsidiary -- Sonata Software North America Inc., (SSNA) has signed an agreement with SemiCab, Inc. a US based Company on February 24, 2020 to acquire upto 17% stake in SemiCab.

The strategic investment is aligned with company’s strategy of acquiring or making strategic investments in companies that have IP that enables digital transformation of businesses. The investment will make Sonata’s Platformation focus sharper in being the Digital Transformation partner of choice for customers in Retail, Distribution and other verticals that rely on logistics.

Sonata Software is a global IT services firm focused on catalysing transformational IT Initiatives of its clients through deep domain knowledge, technology expertise and customer commitment.

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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