Response Informatics Ltd acquires Technologia Corporation

Response Informatics Ltd is a BSE listed company and announced its acquisition of Technologia Corporation, a leading work-force management corporation based in New Jersey, USA.

Mr. Subramaniyam Seetha Raman, Managing Director, Response Informatics Ltd said that the acquisition of Technologia Corporation is a significant step towards achieving the company's strategic objectives and enhancing its position in the Cloud DevOps managed services space. The acquisition is expected to result in increased market share, expanded product offerings, and improved operational efficiencies for the combined entity.

Technologia Corporation with its innovative services and experienced technical team is in the Cloud computing and DevOps automation space streamlining development and deployment processes while reducing the potential for human error and eliminating the need for physical infrastructure. Technologia corporation is focused on the near shore model to bring advantages like cost savings to clients, time zone proximity and connecting talent across North America. Technologia corporation caters to clients in healthcare, banking, finance, insurance, energy, retail, and telecom industries across USA.

Shares of Response Informatics Ltd was last trading in BSE at Rs. 29.00 as compared to the previous close of Rs. 29.00. The total number of shares traded during the day was 104 in over 2 trades.

The stock hit an intraday high of Rs. 29.00 and intraday low of 29.00. The net turnover during the day was Rs. 3016.00.

Source : Equity Bulls

Keywords

ResponseInformatics INE401B01010 Acquisition TechnologiaCorporation WorkforceManagement