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Happiest Minds acquires Sri Mookambika Infosolutions 'SMI'

Times of India LogoTimes of India1w ago

Happiest Minds acquires Sri Mookambika Infosolutions 'SMI' - Times of India

Quick Summary:

Happiest Minds Technologies Limited has announced signing of definitive agreements to acquire 100% of SMI - a Madurai-headquartered IT services company through a combination of upfront and deferred equity consideration totaling Rs 111 crores.

With 400+ offshore-based employees, SMI has an annual run rate in revenues of circa $9 million.

Together, we are a strong force well ready to meet existing and future customer demands.


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Article Details

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-26 @ 03:57:54 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #101 (out of 8982 stories this day)

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 284 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 4789309

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About Times of India

Times of India Logo

Main Topics: Technology

Official Website: timesofindia.indiatimes.com

Update Frequency: 16 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 37 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #83

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