{"id":928501,"date":"2025-05-07T08:01:26","date_gmt":"2025-05-07T02:31:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=928501"},"modified":"2025-05-07T08:29:06","modified_gmt":"2025-05-07T02:59:06","slug":"kpit-technologies-buys-100-percent-stake-in-caresofts-global-engineering-business-know-details","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/07\/kpit-technologies-buys-100-percent-stake-in-caresofts-global-engineering-business-know-details\/","title":{"rendered":"KPIT Technologies buys 100 percent stake in Caresoft\u2019s  Global Engineering business, know details"},"content":{"rendered":"<p>KPIT Technologies, the engineering research company, has acquired a 100 percent stake in Caresoft Global\u2019s 4 entities. The company has acquired Caresoft Global Technologies, Caresoft Engineering Services, Careglotech, and OXI SRL in a deal amounting to Rs $191 million. <\/p>\n<p>In an exchange filing, the company stated that the transition will be completed in a period of three years, and the purchase amount also includes a $25 million variable payment to be paid in a period of 4 years. The variable payment depends upon revenue achievement and other business synergy milestones. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>KPIT Technologies, the engineering research company, has acquired a 100 percent stake in Caresoft Global\u2019s 4 entities. The company has acquired Caresoft Global Technologies, Caresoft Engineering Services, Careglotech, and OXI SRL in a deal amounting to Rs $191 million. In an exchange filing, the company stated that the transition will be completed in a period of three years, and the purchase amount also includes a $25 million variable payment to be paid in a period of 4 years. The variable payment depends upon revenue achievement and other business synergy milestones.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-928501","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/928501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=928501"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/928501\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=928501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=928501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=928501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}