Public CompanyKPIT Cummins buys Sparta for Rs 180 cr
Despite lower revenue projections this financial year, Pune-based manufacturing solutions provider KPIT Cummins Infosystems has entered into a definitive merger agreement to acquire US-based SAP specialist Sparta Consultant for Rs 180 crore.
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The merger of Sparta with KPIT Cummins Infosystems would materialise in about two months while the all-cash-payment would happen over next three years.