Tuesday 22 October 2013

Kellton Tech Solutions to acquire stake of Supremesoft Global Inc, USA

Kellton Tech Solutions has considered various opportunities for inorganic growth of the company and resolved to acquire stake of Supremesoft Global Inc, USA with offices in the Washington DC Metro Area, and Hyderabad. The board of directors of the company at its meeting held on October 18, 2013 have approved for the same.

On acquisition of the present stake, Supremesoft will become a subsidiary of Kellton Tech Inc, which is 100% subsidiary company to Kellton Tech Solutions. The process of acquisition would be completed after complying with the required statutory procedures in the due course of time.

Supremesoft is engaged in the business of IT Services, and Software Development in cutting edge technologies. Their revenue for last financial year was around $9 million.

Kellton Tech Solutions provides a suite of application development, integration, testing and maintenance services. Its consultants have extensive project management experience and expertise in areas like Business Analysis, Java/ J2EE, Microsoft Technologies, Testing, ERP, Business Intelligence and Data Warehousing (BI & DW), Database Administration, Infrastructure management, etc.

No comments:

Post a Comment