MoneyWorks4Me

Saksoft’s arm acquires 100% stake in US based EDP

01 Jan 2013 Evaluate

Saksoft’s wholly owned US subsidiary - Saksoft Inc., has acquired 100% stake in Electronic Data Professionals (EDP), a US based Business Intelligence and Information Management consulting company. The company has inked the share purchase agreement on December 31, 2012 in United States for the same.

By virtue of this acquisition done by US subsidiary, EDP shall become a step down subsidiary of Saksoft. EDP has been operational for 7 years and has grown consistently well for the last few years.

Saksoft is a global IT services and consultancy company. Their expertise lies in providing technology solutions for business problems based on three key competencies Information Management, Web development and Business Application testing.

Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
View more..