Business Standard

Saturday, December 28, 2024 | 10:50 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Board of Expleo Solutions approves purchase of IP and tech knowhow of Lucid

Image

Capital Market

At meeting held on 25 March 2022

The Board of Expleo Solutions has approved the definitive agreements to be entered with Lucid Technologies and Solutions and its subsidiary Lucid Technologies and Solutions LLC (Lucid) towards purchase of their specific assets i.e. Intellectual Property (IP) and Technical Knowhow in India and Customer Contracts in US. The definitive agreements will be executed with effective date as 01 April 2022.

Lucid is engaged in the activity of Data Governance, Data Security and analytics led by their IP driven accelerators, capabilities. Lucid partners with leading data governance platform vendors. They have marquee clients in the US delivering value through their proprietary tools, assets and Agile, CMMi and PSP methodologies.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 26 2022 | 1:15 PM IST

Explore News