Biznexindia : Happiest Minds Technology limited on Thursday said that its wholly owned subsidiary in USA ‘Happiest Minds Inc., has executed an agreement to purchase 100% Membership interest in Aureus Tech Systems LLC for a upfront cash consideration of USD 8.5 million. On completion of the transaction, Happiest Minds will own 100% of Membership interest in Aureus Tech Systems LLC.
Aureus is engaged in the business of providing Azure native digital product engineering services in Insurance & Reinsurance and Healthcare & Life Sciences industries.
This acquisition strengthens Happiest Minds domain capabilities in Banking, Financial Services, Insurance (BFSI) and Healthcare and Life Sciences verticals while also gaining access to a set of marquee customers.