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MoneyWorks4Me

Coforge’s arm acquires 100% outstanding shares of TMLabs

17 Apr 2025 Evaluate

Coforge’s wholly owned subsidiary -- Coforge Technologies Australia Pty has acquired 100% of the outstanding shares of TMLabs Pty from its shareholders in accordance with the Share Sale Agreement.

The Company is focusing on enhancing its capabilities in the ServiceNow ecosystem in newer modules like Integrated Risk Management, Healthcare and HR Service Delivery. Additionally, growth in Healthcare vertical and Australia market are priorities for the company. TMLabs Pty operates at the intersection of these focus areas for the Company.

Coforge (Formerly known as NIIT Technologies) is a leading global IT solutions organization, enabling its clients to transform at intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact.

Peers
Company Name CMP
TCS 2498.05
Infosys 1180.65
HCL Technologies 1438.60
Wipro 197.70
Tech Mahindra 1830.00
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