Cerebra Integrated Technologies has dropped its plans to acquire Cimelia Resource Recovery, Singapore (Cimelia) after careful and in-depth evaluation of various facts and issues related to the acquisition. The company will now proceed with the India E Waste plant and get it up and running at the earliest.
The company had earlier signed up share purchase agreement (SPA) with Enviro-Hub Holdings, Singapore (Enviro) for 100% acquisition of Enviros wholly owned subsidiary Cimelia.
Cerebra Integrated Technologies commenced its business in 1992 with the Hardware sector and later expanded to provide software services, IT training and consulting, and today offers Total IT Solutions comprising LPO, BPO and KPO services.
