Virtuoso Optoelectronics has acquired 51% stake of YLP Solutions. Acquisition will improve the online selling capability, software development capability and access to newer customers segment. Cost of acquisition will be Rs 3.10 lakh. The acquisition is completed within a period of 120 days from the date of execution of Share Purchase Agreement.
Virtuoso Optoelectronics is engaged in manufacturing of high volume, large scale production of consumer & industrial products.