Aurionpro Solutions Ltd has informed the BSE that it has entered into an all-cash deal to acquire 100 per cent control in Integro Technologies Pte Ltd, a leading banking products company headquartered in Singapore.
Integro’s product portfolio include products in the areas of loan origination, collateral management for Basel II compliance and Internet banking.
Headquartered in Singapore, Integro has development centres in Singapore and Malaysia and marketing offices in Thailand. It has product development and implementation team of over 110 people and over 20 customers across multiple countries across Asia.
Mr Amit Sheth, Managing Director of Aurionpro, said: “Integro has an excellent product portfolio with significant number of major customers across the Asia-Pacific region. We will be able to accelerate our growth significantly across Asia and create a st rong platform for launch in Europe next year.” – Source : thehindubusinessline
