Shares of 8K Miles Software were up over 2% at Rs 735, in an otherwise weak market, after the company announced that its US subsidiary has acquired a clinical research software startup in Canada.
Our US subsidiary 8K Miles Software Services Inc., has acquired the assets of Mindprint Inc, Canada, the company said in a release.
"We are acquiring only assets of Customer Contracts, IP's and employees and this is not a stock/share purchase of Mindprint Inc.," the release added.
The stock opened at Rs 724 and touched an intra-day high of Rs 766. At 10:50AM, over 74,000 shares were traded on both the stock exchanges.
