Computer Age Management Services has acquired 55.42% total paid-up share capital of Think Analytics India (TAIPL). The transaction is proposed to be completed before April 10, 2023. Post completion, TAIPL shall become a subsidiary of the Company. Think Analytics Consultancy Services and Think360 AI, Inc. subsidiaries of TAIPL will become step down subsidiaries of the Company. The acquisition will further drive CAMS’s vision of providing technologically superior products in the rapidly growing BFSI and capital markets space.
Computer Age Management Services offers integrated services for receipt, verification and processing of financial and non-financial transactions for the BFSI (banking, financial services and insurance) sector, largely the mutual fund industry.
