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MindTree completes acquisition of Relational Solutions Inc 26/08/2015 12:30

IT giant, MindTree Ltd said that it has completed the acquisition of US based IT solutions provider, Relational Solutions Inc.

“The Company has completed the closing conditions and obtained necessary regulatory approvals with respect to the acquisition of entire ownership interest in Relational Solutions, Inc.,” MindTree said in a filing to the Bombay Stock Exchange.

Relational Solutions has proven expertise in analytics with solutions for supply chain optimization and trade promotions analytics, the filing added.

Meanwhile, shares of the company were trading at Rs 1331 a piece, up 4.05 per cent from the previous close at 12:22 hours on BSE.

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