MoneyWorks4Me

Response Informatics gets nod to acquire entire stake in Technologia Corporation

15 Jul 2022 Evaluate

Response Informatics has received approval to acquire entire stake in Technologia Corporation, NJ, USA for a consideration of $300,000. The mode of discharge of consideration is on cash payment basis. Acquisition will be with the motive of backward integration in sector. Business is same in both the entities. The board of directors at its meeting held on July 14, 2022 has approved the same.

Response Informatics is an ambidextrous organisation offering state of art information technology solutions, Software solutions and Maintenance Services, Consultancy Services and products across a variety of platforms and applications.

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