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Saksoft Acquires Solveda

Aug 14, 2023

Acquiring Company

Saksoft Limited

Acquired Company

Solveda

ChennaiInformation TechnologySoftwareArtificial IntelligenceAnalyticsMachine LearningSoftwareE Commerce

Description

Saksoft Limited announced that its wholly owned subsidiaries, have completed the acquisition of Solveda Group headquartered in New York with centres in London, Gurgaon and Noida. (https://www.solveda.com/ ).

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Company Information

Company

Saksoft Limited

Location

Chennai, Tamil Nadu, India

About

Saksoft is an IT services and IT enabled services provider. The company specializes in solutions for Business Transformation, Information Management, and Application Development & Testing. It is listed on the NSE and BSE Stock Exchanges. The company aims to consolidate its business structure by merging with its wholly-owned subsidiary.

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Frequently asked

Who acquired Solveda?

Solveda was acquired by Saksoft Limited, based in Chennai. The deal was reported on August 14, 2023. Saksoft is an IT services and IT enabled services provider. The company specializes in solutions for Business Transformation, Information Management, and Application Development & Testing. Saksoft Limited is privately held and operates in Information Technology.

When did Saksoft Limited acquire Solveda?

Saksoft Limited's acquisition of Solveda was reported on August 14, 2023. Saksoft Limited announced that its wholly owned subsidiaries, have completed the acquisition of Solveda Group headquartered in New York with centres in London, Gurgaon and Noida. (https://www.solveda.com/ ). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Solveda do?

Solveda is a software design and development company with niche expertise in cutting edge E- commerce applications catering to B2B and B2C customers. It is privately held, operating in Software.

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