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Nihilent To Buy ICRA Techno Analytics For USD 10 Mn

Nihilent Technologies, a Pune based consulting and IT services solutions integrations company, announced the acquisition of ICRA Techno Analytics Ltd (ICTEAS) –) for USD 10 million to continue its expansion strategy. ICTEAS is a wholly owned subsidiary of the credit rating agency ICRA, a Moody’s investors service company. An agreement has been reached between the companies wherein Nihilent will acquire full ownership of ICTEAS. Read Also:Emerson Announces ‘Rain Gain’ Program For Partners ICTEAS is headquartered in Kolkata, with offices in California and Connecticut in the US, and has expertise in...