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US-based NetObjex acquires India s Serventire Global

Wednesday - August 29, 2018 1:38 am , Category : BUSINESS
Thiruvananthapuram Aug 29 (IANS) US-based IT firm NetObjex Inc on Tuesday said it has acquired Serventire Global Pvt Ltd -- a Blockhain solutions provider based in Technopark here.
Serventire Global has a customer base spread across four continents.
"This is coming together of two companies with complimentary skills technologies and culture " Raghu Bala Chief Executive Officer NetObjex said in a statement.
Georgey Jacob of Serventire Global said this acquisition would provides the company a platform to accomplish bigger goals with a broader reach.
"The market for Distributed Ledger Technology (DLT) is growing rapidly and we believe the combined entity is a formidable global player " added Jacob.
However further details of the acquisition have not been disclosed.

--IANS sg/ksc/gb/nir