New Delhi, Aug 14 (PTI) IT company 63 Moons Technologies has initiated the sale of three business units to Synapsewave Innovations for Rs 135 crore, according to a regulatory filing.
The company has initiated the sale of Open Dealer Integrated Network (ODIN) and Order Management System (OMS) to Synapsewave Innovations on a slump sale basis, debt free and cash-free basis, 63 Moonds Technologies said in the filing on August 13.
63 Moons Technologies has also initiated the sale of Straight Through Processing Messaging Solution, which enables brokers and fund houses for post-trade straight-through settlement of obligations, and Members Accounting and Trade Confirmation House (MATCH), which provides back-office solutions and other services and components to Synapsewave Innovations for Rs 1 crore and Rs 36 crore, respectively.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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