SMI: Happiest Minds Technologies acquired Sri Mookambika Infosolutions for 111 crores

Happiest Minds Technologies Ltd. announced that it has acquired Sri Mookambika Infosolutions, an IT services company situated in Madurai (SMI). The agreement included 111 crores in immediate and deferred equity considerations. More than 400 SMI workers who are stationed abroad will be absorbed by Happiest Minds as part of the deal. As of the end ...