GSS Infotech acquires US firm Nexii Labs

Date posted: Tuesday 16 October 2018

GSS Infotech Inc., a wholly owned subsidiary of Hyderabad-headquartered IT service provider GSS Infotech Ltd, has signed a share purchase agreement for acquiring 100% shares of US firm Nexii Labs. Nexii Labs, which after the acquisition would become a wholly owned step-down subsidiary, brings a strong capability in the area of automation for GSS’s existing cloud and infrastructure management practice.

(The Hindu)