Datamatics Global Services Ltd.

BSE: 532528 | NSE: DATAMATICS
Small Cap | IT - Software
702.70
-7.55 (-1.06%)
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Datamatics Global to acquire balance 26.88% stake in Lumina Datamatics

Date: 13-07-2016

Datamatics Global Services has agreed to acquire balance 26.88% stake in Lumina Datamatics (formerly known as Lexicon Publishing Services). Lumina Datamatics is in the Digital Publishing and e-Retail solutions business.

The company will acquire 59,902 fully paid equity shares of Rs 10 of Lumina Datamatics for Rs 33 crore. Post acquisition, Lumina Datamatics shall become a wholly owned subsidiary of the company.

Datamatics, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT), Engineering solutions (ES) and Business Process Outsourcing (BPO) services.