US-based NetObjex acquires India s Serventire Global
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