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Adroit Infotech acquires two US based companies

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Capital Market

As part of its inorganic growth strategy

Adroit Infotech signed a definitive share purchase agreement to acquire 100% stake of Seltis Technologies LLC and 66.67% of Infodat International Inc. This step will enable Adroit Infotech to move closer to its strategic objective to build sustainable organisation that remains relevant to the agenda of its clients.

Seltis is a high margin CRM product company on cloud and has grossed a revenue of over a million dollars for December 2017.

Infodat which is into Analytics and industrial IOT solutions has grossed a turnover of over $ 10 Mn for the year ending December 2017.

 

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First Published: Aug 31 2018 | 7:57 PM IST

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