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R Systems snaps up IT firm after Blackstone s take-private offer fails

R Systems snaps up IT firm after Blackstone s take-private offer fails
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R Systems to acquire Velotio, stock rises 2%

R Systems International announced that it has signed definitive agreements to acquire Velotio.

Blackstone Portfolio Company R Systems acquires Velotio, a Leading Product Engineering and Digital Solutions Company

R Systems, a leading digital product engineering company, today announced that it has signed definitive agreements to acquire Velotio, an India-based product engineering and digital solutions provider.

Business News | Blackstone Portfolio Company R Systems Acquires Velotio, a Leading Product Engineering and Digital Solutions Company

Get latest articles and stories on Business at LatestLY. Noida (Uttar Pradesh)/ Pune (Maharashtra) [India], June 7: R Systems (NSE: RSYSTEMS) (BSE: 532735), a leading digital product engineering company, today announced that it has signed definitive agreements to acquire Velotio, an India-based product engineering and digital solutions provider. Business News | Blackstone Portfolio Company R Systems Acquires Velotio, a Leading Product Engineering and Digital Solutions Company.

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