Hexaware Technologies announced the completion of the following acquisitions in accordance with securities purchase agreements entered into for each of the transactions:
(a) 100% stake in Cybersolve (I) India from Identity and Access Solutions LLC (IAAS) by Hexaware Technologies;
(b) 100% stake in IAAS from IAAS Holdings LLC (IAAS Holdings) by Hexaware Technologies, Inc. (HT Inc), a wholly-owned subsidiary of the Company,
(c) 100% stake in IT Glitterz LLC from IT Glitterz Holdings LLC by Hexaware Technologies, Inc. and
(d) 100% stake in Identity And Access Solutions Canada, Inc. from Anushree Agarwal and Neha Agarwal by Hexaware Technologies Canada (Hexaware Canada), a wholly subsidiary of the Company. |