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Cigniti Technologies inks agreement to acquire 100% stake in Aparaa Digital

05 May 2022 Evaluate

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.

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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