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Happiest Minds acquires Pimcore Global Services for USD 8.25 mn


Happiest Minds Technologies Ltd will acquire US-based Pimcore Global Services for USD 8.25 million.
Houston-based Pimcore Global Services is a digital e-commerce and data management solutions company.
“Happiest Minds Technologies Ltd has concluded and signed definitive agreements to acquire 100 % ownership interest of PGS Inc (doing business as Pimcore Global Services) for a consideration of USD 8.25 million,” Happiest Minds said in a regulatory filing late Friday night.
The acquisition will further strengthen Happiest Minds’ offerings and leadership in the digital transformation space, it added.
It will also help create greater digital capital for customers and facilitate onboarding more customer logos of strategic consequence. The acquisition is subject to customary closing conditions and is expected to close in the quarter ended March 31, 2021. ....

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Happiest Minds acquires US based Pimcore Global Services to strengthen its presence in digital commerce


Happiest Minds acquires US based Pimcore Global Services to strengthen its presence in digital commerce
Posted On:
2021-01-29 10:11:40
(Time Zone: Arizona, USA)
Happiest Minds Technologies Ltd has concluded and signed definitive agreements to acquire 100% ownership interest of PGS Inc. (DBA : Pimcore Global Services), a Houston, USA based digital e-commerce and data management solutions company for a consideration of US $8.25 million.
PGS has a strategic partnership with Pimcore Austria for delivering solutions around Pimcore, an opensource framework which helps enterprises establish a robust digital presence through seamless data and experience management. PGS clientele includes customers across Retail, CPG and Manufacturing verticals. ....

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52-week high: Stock market update: 55 stocks hit 52-week highs on NSE


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Benchmark NSE Nifty index was trading 105.15 points down at 14328.55 on Monday on account of selling in frontline bluechip counters.
Among the stocks that touched their 52-week highs on NSE were: Happiest Minds Technologies, HDFC Bank, Indian Energy Exchange; Orchid Pharma, Kajaria Ceramics, Anant Raj Global, Sundaram Brake Linings, Tata Steel Long Products, JBM Auto, Emco Ltd, Greenpanel Industries and Eris Lifesciences.
Overall, 9 shares were trading in green in Nifty50 index, while 41 were trading in red in the afternoon trade.
In the Nifty 50 index, UPL , HDFC Bank, Wipro, Nestle India and RIL were among top gainers, while Tata Motors, Tata Steel, Hindalco Inds., ONGC and Bajaj Finance were trading in red. ....

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