NIIT Techs Arm Acquires 55% Interest in US Firm RuleTek
Incessant Technologies, an arm of NIIT Technologies, today announced it will acquire 55 per cent interest in US-based RuleTek, in a bid to boost its digital integration capabilities and expand North America footprint.
Incessant Technologies has "signed a definitive agreement to acquire 55 per cent interest in RuleTek", NIIT Tech said in a regulatory filing without disclosing the deal size.
"The transaction will enable Incessant to strengthen its digital integration capabilities and expand its footprint in the high-opportunity North American market and near-shore capabilities to its existing delivery model," the statement said.
RuleTek, headquartered in Meridian, Idaho (US), is a business process management architecture services company that has done implementations for Fortune 500...