“Happiest Minds Technologies today announced the signing of definitive agreements to acquire 100 percent of SMI – a Madurai-based profitable IT services company through a combination of upfront payments and deferred share payments totaling Rs 111 crore,” the company said in a statement. statement .
SMI provides product engineering services to its US customers around enterprise applications and integrations, digital data platform services (analysis, data strategy, artificial intelligence/machine learning, user experience) and mobility services.
It has built up deep domain expertise around the healthcare vertical over the years.
Certified as a CMMI Level 3 and ISO 9001:2015 company, SMI delivers its assignments through flexible delivery using mature and industry-standard software engineering and development practices, the statement said.
“By working together, we are trying to dig deeper into vertical healthcare,” added Anantharaju.
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