Zensar Technologies Ltd.

Zensar Technologies (UK), a wholly owned subsidiary company of Zensar Technologies and the shareholders of Foolproof have entered into a definitive agreement for Zensar to acquire Foolproof along with its two wholly owned subsidiary companies in UK and one wholly owned subsidiary company in Singapore for an undisclosed sum. Under the terms of the agreement, Foolproof will now be a wholly-owned subsidiary of Zensar Technologies (UK). The deal will be financed by internal accruals and will be EPS positive for the company. With Foolproofs leadership in experience design and Zensar's proven track record in digital transformation programs, the company is well positioned to be an end-to-end Digital Transformation Services partner for its clients keen to maximise their 'Return on Digital' by focusing on the key aspects of eCommerce, Customer Experience and Application Management.

Zensar Technologies operates as a software service company. It is engaged in software development, networking, e-commerce, and systems integration services. It also provides consulting, collaboration services and business process outsourcing services.