Zen Technologies has completed the acquisition of 76% of the total equity share capital of Anawave Systems & Solutions (ASSPL). Post acquisition of shares of ASSPL, it has become the subsidiary of the company. The acquisition enhances the company’s product portfolio in defence simulation by adding advanced tactical and combat training simulation technologies tailored for naval forces. The cost of the acquisition is Rs 7 crore.
Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.
