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KPIT Technologies forms strategic partnership with German Automotive Engineering Services Company

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Fixed consideration for strategic stake is Euro 9.3 million apart from variable consideration

KPIT Technologies announced that it has completed agreement for a strategic partnership in a Germany headquartered Automotive Engineering Services Company, MicroFuzzy. The fixed consideration will be Euro 9.3 million. The total consideration will include variable consideration, which is based on achievement of certain financial parameters over the next 4 years.

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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KPIT Technologies forms strategic partnership with German Automotive Engineering Services Company

Fixed consideration for strategic stake is Euro 9.3 million apart from variable consideration

Fixed consideration for strategic stake is Euro 9.3 million apart from variable consideration

KPIT Technologies announced that it has completed agreement for a strategic partnership in a Germany headquartered Automotive Engineering Services Company, MicroFuzzy. The fixed consideration will be Euro 9.3 million. The total consideration will include variable consideration, which is based on achievement of certain financial parameters over the next 4 years.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

KPIT Technologies forms strategic partnership with German Automotive Engineering Services Company

Fixed consideration for strategic stake is Euro 9.3 million apart from variable consideration

KPIT Technologies announced that it has completed agreement for a strategic partnership in a Germany headquartered Automotive Engineering Services Company, MicroFuzzy. The fixed consideration will be Euro 9.3 million. The total consideration will include variable consideration, which is based on achievement of certain financial parameters over the next 4 years.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22