STOCKWATCH
·
IT Enabled Services
Acquisitions28 Jun 2024, 10:26 pm

eMudhra Acquires TWO95 International Inc for USD 7.6 Million to Boost US Market Presence

AI Summary

eMudhra Ltd, a digital trust, digital security, and digital transformation company, has announced a 100% acquisition of TWO95 International Inc, a US-based technology solutions provider specializing in digital transformation and cyber security. The acquisition, through eMudhra's wholly owned subsidiary eMudhra Inc, USA, aims to strengthen eMudhra's presence and positioning in the US market. TWO95, founded in 2009, has a strong focus on Healthcare, Utilities, Financial Services, and Government. The company's revenue from digital transformation and cyber security services in 2023 was USD 7.6 million. The acquisition is expected to increase eMudhra's revenue base in the US, augment talent, enhance local support, improve customer base for cross-selling/upselling, and provide strong credibility in other markets.

Key Highlights

  • eMudhra acquires TWO95 International Inc for USD 7.6 Million
  • TWO95 specializes in digital transformation and cyber security
  • Acquisition aims to strengthen eMudhra's presence in the US market
  • TWO95 has a strong focus on Healthcare, Utilities, Financial Services, and Government
  • Acquisition expected to increase revenue, augment talent, and improve customer base
EMUDHRA
IT Enabled Services
eMudhra Ltd

Price Impact