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Zen Tech acquires 51% shareholding in Unistring

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Capital Market
Last Updated : Aug 14 2018 | 4:04 PM IST

On 14 August 2018

The Board of directors of Zen Tech approved acquisition of 51% shareholding in Unistring Tech Solutions (UTS) on 14 August 2018. UTS is in the business of development of electronic warfare (EW) solutions, advanced communication systems for defence, telemetry systems and simulators for radar and EW system evaluation. The acquisition enables Zen to integrate EW simulation in combat training centre solutions demanded by customer as and when required.

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First Published: Aug 14 2018 | 3:41 PM IST

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