GSS Infotech’s arm inks agreement to acquire 100% stake in Nexii Labs
GSS Infotech’s wholly owned subsidiary — GSS Infotech Inc. has signed the share purchase agreement for acquiring 100% shares of Nexii Labs Inc., USA on October 12, 2018. Nexii Labs Inc., shall become a wholly owned step-down subsidiary of the company.
Nexii Labs adds a strong capability in the area of Automation for GSS’s existing Cloud and Infrastructure Management Practice. Adding this service portfolio, will make GSS more relevant to its customers. Nexii has some of the fortune 500 companies as its customers with revenues of about $1.8 million for FY 2018.
GSS Infotech is a pioneer in applying innovative, technology-based solutions to common business problems. It specializes in Remote Infrastructure Management Services, Virtualization solutions and Application Management Services.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.