SecureKloud Technologies’ subsidiary-- Healthcare Triangle, Inc (HCTI) has successfully completed its acquisition of the business and assets of Niyama Healthcare, Inc., a mental health SaaS platform, along with a 100% equity stake in Ezovion Solutions, a hospital information systems provider.
The acquisition, executed through HCTI’s wholly owned subsidiary QuantumNexis, significantly strengthens HCTI’s global footprint and enhances its offerings in the digital healthcare market and deepens its presence in the mental health and hospital information system (HIS) markets across India, Southeast Asia, and Europe.
The total consideration is $5.7 Million which includes $1.5 million in cash (with $1.2 million paid at closing), $3 million in restricted common stock of HCTI, and up to $1.2 million in earn-out payments contingent on first-year financial performance.
SecureKloud Technologies is a cloud native company with a combination of products, frameworks and services, designed to solve problems around Blockchain, Cloud, Enterprise Security, Decision Engineering and Managed Services.
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