Cigniti Technologies has signed binding agreement to acquire 100% stake in Aparaa Digital, a leading AI/ML, Data engineering, Analytics, and Blockchain services company that operates under the brand name ‘RoundSqr’ and its foreign subsidiaries namely RoundSqr; USA, RoundSqr; Australia. This is a firm step towards bolstering Cigniti’s strategic pursuit of becoming a specialized digital engineering and assurance services provider. The overall cost of acquisition $4.8 million. The indicative time period for completion of the acquisition is July 1, 2022.
Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing Services, headquartered at Hyderabad, India.