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California Software Company signs MoU to acquire majority stake in Pratsware Technologies

08 Dec 2021 Evaluate

California Software Company has signed a Memorandum of Understanding (MoU) to acquire a majority stake in Pratsware Technologies (Pratsware) which owns botbaba, which is WhatsApp Chatbot Platform (https://botbaba.io) the most advanced and powerful WhatsApp Chatbot Platform available in the market.

This acquisition will make Calsoft a global leadership in the sphere of e commerce and Point of Sale (PoS) solutions. This acquisition will make Pratsware as Calsoft’s subsidiary. Calsoft will support Pratsware with a complete Software Solutions platform, analytics, predictive analytics, blockchain technology, payments technology and its global market reach across the world.

California Software Company (Calsoft) is one of the Innovative Technology Solution Provider for clients in the financial markets, wealth management, traffic and telecommunication sectors.

Peers
Company Name CMP
TCS 2163.00
Infosys 1024.05
HCL Technologies 1214.30
Wipro 162.70
Tech Mahindra 1517.05
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