SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Datamatics Global Services’ arm to acquire 100% stake in TNQ Tech

09 Dec 2024 Evaluate

Datamatics Global Services’ material wholly owned subsidiary -- Lumina Datamatics has planned to sign the Share Purchase Agreement, Shareholders Agreement and other agreements (Definitive Agreements) on December 09, 2024 to acquire 100% stake in TNQ Tech (TNQTech), a Chennai based digital publishing technology and services company renowned for quality, efficiency, and innovation through purchase of shares from its existing shareholders in one or more tranches in accordance with the terms of Definitive Agreements.

This acquisition will collectively strengthen the companies to over 6,500 employees globally and establish them as amongst the dominant service providers in the world of digital content. In combination with the company’s existing capabilities at being at the forefront of content workflows by managing the entire publishing process – from online content creation to product delivery, this acquisition will enable it to strengthen its suite of AIenabled technology and products which are used by some of the largest commercial publishers, prestigious learned societies, associations, and university presses, and marquee customers through them, by millions of authors. Post-acquisition, TNQ Tech will become stepdown subsidiary of Datamatics Global Services.

Datamatics Global Services provides intelligent solutions for data driven businesses to increase productivity and enhance the customer experience.


Datamatic Global Ser Share Price

747.70 13.65 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×