HGS CX Technologies Inc., USA, a subsidiary of Hinduja Global Solutions, has approved the acquisition of a 100% ownership share in Teklink International Inc., USA (target company).
The Company’s Board of Directors approved the execution of a Business Transfer Agreement to purchase certain assets/contracts on a going concern basis, including employees, from Teklink Software India, a subsidiary of Teklink International Inc., USA.
Furthermore, at the meeting, the Company’s Board of Directors approved in-principle approval for the acquisition of a Digital HR Platform called uKnowva from Convergence IT Services, subject to the fulfilment of necessary diligences, approvals, and other compliances.