Happiest Minds Technologies Acquires PureSoftware for $94 5 mn infotechlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotechlead.com Daily Mail and Mail on Sunday newspapers.
IT company Happiest Minds Technologies, on Thursday, said it has acquired Noida-based PureSoftware Technologies for $94.5 million (Rs 779 crore).Through this acquisition, Happiest Minds said that it has strengthened its domain capabilities in .
Happiest Minds Acquires PureSoftware Technologies: Leading IT company Happiest Minds Technologies on Thursday said it has acquired Noida-based PureSoftware Technologies for $94.5 million (Rs 779 crore).
The total purchase consideration comprises upfront payment of Rs 635 crore on closing and deferred payment of up to Rs 144 crore payable at the end of 2024-25, on achievement of set performance targets
The firm announced upfront payment of Rs 635 Crores at closing, with a potential additional Rs 144 Crores upon meeting FY25 performance targets. The acquisition is expected to close by May 31.