Don’t miss the latest developments in business and finance.

Sterlite Technologies to sell its telecom product software biz

Image
Capital Market
Last Updated : Feb 01 2023 | 10:31 AM IST

To Skyvera LLC

Sterlite Technologies announced that the company ) has signed an agreement and will sell its Telecom Product Software business via business transfer agreement by way of slump sale as a going concern to Skyvera through its Indian subsidiary.

Skyvera LLC, an affiliate of TelcoDR, which is a US Headquartered global acquirer of telecommunication software businesses that operates and transforms the telco software companies, by providing support, product innovation, and a path for leveraging the power of the public cloud.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 01 2023 | 10:17 AM IST

Next Story