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Route Mobile completes acquisition of Sarv Webs’ business

06 Jul 2021 Evaluate

Route Mobile has completed acquisition of Sarv Webs’ primarily intellectual property (‘software’) and its associated identified customer contracts (business), on a slump sale basis, subject to fulfillment of terms and condition of the Business Transfer Agreement (BTA). Earlier, the company had entered into BTA with Sarv Webs, Rajasthan, India for acquisition.

Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO).

Peers
Company Name CMP
TCS 2135.80
Infosys 1051.05
HCL Technologies 1245.00
Wipro 165.05
Tech Mahindra 1535.20
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