Acquisitions10 Mar 2025, 07:52 pm
Kellton Tech Solutions Acquires Xitij Corporation for US$ 350,000, Expanding Microsoft Ecosystem Presence
AI Summary
Kellton Tech Solutions Ltd. has completed the acquisition of Xitij Corporation, a recognized Microsoft partner specializing in AI, cloud computing, and data analytics. This acquisition, worth US$ 350,000, will result in Xitij being categorized as a step-down subsidiary. The acquisition aligns with Kellton's strategic objective of expanding its presence within the Microsoft ecosystem and is expected to drive continued growth and value creation for stakeholders.
Key Highlights
- Kellton Tech Solutions Inc. has successfully completed the acquisition of Xitij Corporation, a US-based company.
- Xitij Corporation will be categorized as a step-down subsidiary of Kellton Tech Solutions.
- The acquisition is valued at US$ 350,000 and is expected to drive growth and value creation for stakeholders.
- Xitij Corporation is a recognized Microsoft partner specializing in AI, cloud computing, and data analytics.
- The acquisition aligns with Kellton's strategic objective of expanding its presence within the Microsoft ecosystem.