Bengaluru firm acquires US e-com company 

Bengaluru based tech services firm Happiest Minds said that it has acquired an American e-commerce, data-management solutions company Pimcore Global Services (PGS), for $8.25 million.

Published: 31st January 2021 12:39 AM  |   Last Updated: 31st January 2021 09:58 AM   |  A+A A-

By Express News Service

BENGALURU:  Bengaluru based tech services firm Happiest Minds said that it has acquired an American e-commerce, data-management solutions company Pimcore Global Services (PGS), for $8.25 million.

PGS has a strategic partnership with Pimcore Austria for delivering solutions around Pimcore, an opensource framework which helps enterprises establish a robust digital presence through seamless data and experience management. PGS clientele includes customers across retail, CPG and manufacturing verticals.

PGS and Happiest Minds have had a successful strategic partnership pursuant to which Happiest Minds has been rendering offshore services to PGS. Revenues of PGS for the fiscal ending December 31, 2020 was US$ 10.6 million and Happiest Minds counts PGS amongst its list of US$ 2M + customers.

Happiest Minds is a Gold Partner of Pimcore for the past several years. Happiest Minds debuted on stock exchanges last year with a record-breaking IPO oversubscriptions. Tech veteran Ashok Soota, who heads the firm, said that company’s core business remains digital.

Now we are on Telegram too. Follow us for updates
India Matters

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

Videos
Gallery