In case you have recently sold your shares in thinksoft global services limited, please hand over the letter of offer and the accompanying form of acceptancecumacknowledgement and transfer deed to the member of stock exchange through whom the said sale was effected. Thinksoft s stock went up nearly 20% to close at rs 194 on the bombay stock exchange on friday. Thinksoft global services ltd was acquired by sqs software quality systems on nov 1, 20. Thinksoft will function as the bfsi global centre of excellence, a division within the sqs group. Sqs s cfo rene gawron points to the growing importance of software testing services. German firm sqs software to buy majority stake in thinksoft. Sqs software to acquire majority stake in thinksoft global.
Nov, 20 cologneheadquartered sqs software quality systems ag is acquiring a controlling stake in chennaibased thinksoft global services ltd for rs 146. Sqs was founded by heinz bons and rudolf van megen in cologne. Sqs india bfsi limited is part of the sqs group, the worlds leading specialist in software quality. Expleos top competitors are cigniti, sogeti and qualitest. Like sqs, this stock exchangelisted it service provider, which is based in chennai, specialises in software quality. The company primarily operates in the united states of america, singapore, germany, the united kingdom, and the united arab emirates. Open offer offer by sqs software quality systems ag acquirer. Sqs and orbium announce partnership zurichcologne, august 2014. Germanybased software testing and quality management services firm sqs software systems ag has signed a definitive agreement to acquire a majority stake in chennaibased financial software testing firm thinksoft global services ltd, for a total consideration of rs 148. Thinksoft global is a specialist in financial software testing with over 14million person hour track record for global 500 financial and insurance organisations in usa, uk, europe, india and asia pacific. Sqs software quality systems acquires thinksoft global services ltd on 201101 for an undisclosed amount. Sqs software quality systems ag acquires a majority stake in thinksoft global services ltd.
Over the years weve developed and established a proprietary testing methodology, practiq, along with industrialisation and automation processes. Expleo solutions is a trusted technology partner and for endtoend quality services and management consultancy. Germanys sqs software to acquire majority stake in thinksoft. Companies engaged in mobile payment projects can now take advantage of sqs new. After thinksoft acquisition, sqs plans to grow share of india to 50.
Expleo solutions history expleo solutions information. Sqs software quality systems, ag a company listed on the aim at the london stock exchange, an independent software and verification services provider, has proposed to acquire stake in thinksoft global services. Nov 08, 20 the german company has made an open offer to acquire 3. Expleo is an engineering, quality services and management consulting company. The business principal activity is in wholesale of computer software except games and cybersecurity software. Thinksoft, financial software testing, thinksoft global. The principal activities of the company are to develop computer software, to provide software. In 2018, assystem technologies acquired sqs software quality systems ag to form a single organisation, later joined by management consultants moorhouse and then stirling dynamics, a marine and aerospace specialist. Sqs india bfsi ltd sqsbfsi financial and strategic swot. Expleo solutions limited is part of the expleo group of companies, focusing exclusively on business assurance, quality assurance and software testing for the banking, insurance and financial services industries expleo solutions limited is a public company listed on both the bse and nse with its. Thinksoft global services ltd acquired by sqs software quality systems.
Azb, amarchand act on sgs acquisition of thinksoft global. Sqsindia service provider from hinjewadi, pune, india. Our solutions range from expert consultant staffing solutions to global service management. Germanybased software testing company sqs software quality systems is acquiring a majority stake in chennaibased financial software testing firm thinksoft global services for rs 148 crore. Companies engaged in mobile payment projects can now take advantage. Thinksoft is the worlds fourthlargest software testing specialist. Sqs completes thinksoft global services acqusition mobile. Sarala c senior software engineer at sqs india bfsi ltd bengaluru. Citigroup engages thinksoft for independent software testing and business requirements assurance services for a global project.
Sqs software quality systems ag, the worlds leading specialist in software quality, and orbium, the business and it consulting company focusing exclusively on the financial services industry today announce a global partnership in the area of software testing of the avaloq banking suite. Sqs operates at around 5% margin compared with over 24% for thinksoft. Thinksoft global services is primarily engaged in software testing services focusing on banking, financial and insurance services industry. View suriyanarayanan rajajayakarans profile on linkedin, the worlds largest professional community. With thinksoft under its belt, it wants to take the share to 50% in the future, which will also improve its margin profile. Sqs and thinksoft join forces to create the worlds largest. Thinksoft global services ltd is an independent business assurance and testing specialist working entirely with financial sector clients in apac, the usa, europe, middle east and india. Read more about thinksoft global services zooms 20% on open offer by sqs software on business standard. Sqs to pick up majority stake in thinksoft the hindu. Thinksoft global services ltd acquired by sqs software. Thinksoft inaugurates its new delivery centre at chennai. Sqs software to pick up majority stake in thinksoft for rs 148 cr. Av asvini kumar, md, thinksoft global services said, in case there is short fall in the open offer then the company will top it up to help sqs software achieve their objective of getting majority. Test coordinator at sqs india bfsi ltd formerly thinksoft global.
The companys services comprise quality and risk management, functional testing, test management, non functional testing, test technology support and business. It is the only research based startup company with complete ieee xplore access and membership. Read more about germanys sqs software to acquire majority stake in thinksoft global on business standard. Sqs software quality systems ag has made an open offer at price of rs 260 per share to public shareholders.
Like sqs, this stock exchangelisted it service provider, which is based in chennai, specialises in software. The german company has made an open offer to acquire 3. After thinksoft acquisition, sqs plans to grow share of india to 50% from 8% in its global revenue with thinksoft under its belt, it wants to take the share to 50% in the future, which will also improve its margin profile. What are the highest paying jobs at thinksoft global services. After thinksoft acquisition, sqs plans to grow share of india to 50% from 8% in its global revenue. Germanybased sqs software, a software testing firm, plans to acquire a majority stake in thinksoft global for rs. Germanybased sqs software systems ag is set to acquire a majority stake in chennaibased thinksoft global services ltd.
Sqs india bfsi may test rs 1500, says aashish tater. Overall i am happy to be a part of thinksoft, it is the best company for students and researchers. Sqs software quality systems, the worlds largest supplier of independent software testing and quality management services is acquiring a controlling stake in chennaibased thinksoft global services for rs. Suriyanarayanan rajajayakaran test coordinator at sqs india bfsi ltd formerly thinksoft global services brussels area, belgium 73 connections. Sqs also has a joint venture in portugal and a partnership with a company in spain.
We would like to show you a description here but the site wont allow us. As of april 3, 2014, thinksoft global services limited operates as a subsidiary of sqs software quality systems ag. Sarala c senior software engineer thinksoft global. Nov 08, 20 sqs software quality systems, the worlds largest supplier of independent software testing and quality management services is acquiring a controlling stake in chennaibased thinksoft global services for rs. Sqs to acquire majority stake in thinksoft global latest. The business current operating status is live with registered address at high street centre. Sqs holds a majority stake in thinksoft global services ltd, the worlds fourthlargest software testing specialist. Germanybased software testing and quality management services firm sqs software systems ag has signed a definitive agreement to acquire a majority stake in chennaibased financial software testing firm thinksoft global services ltd, for a total. Sqs and thinksoft join forces to create the worlds. Sqs completes thinksoft global services acqusition. Nov 15, 20 sqs software quality systems ag acquires a majority stake in thinksoft global services ltd. Thinksoft global services was locked in upper circuit of 20 per cent in early trade on friday after the company said that sqs software quality. Sqs software quality systems ag sqs the worlds largest supplier of independent software testing and quality management services, has signed a definitive agreement spa to acquire a majority of the currently outstanding shares of thinksoft global services ltd thinksoft or the company, one of the largest independent software testing.
Our customers have every reason to be excited about this development. Sqs closes thinksoft acquisition for mpayments testing push. Investegate sqs software quality announcements sqs. Sqs to trigger open offer for majority stake in thinksoft. Leading specialist in software quality european business. About thinksoft global thinksoft global is a specialist in financial software testing with over 14million person hour track records for global 500. We work with clients to support all their quality needs including quality engineering, quality management, software testing, devops and test automation. After thinksoft acquisition, sqs plans to grow share of india to 50% from 8% in its global revenue with thinksoft under its belt, it wants to take the share to 50% in. Expleo competitors, revenue and employees owler company.
Signal hill advises sqs as it merges with thinksoft to. May 12, 2014 sqs, the worlds leading specialist in software quality, has completed its acquisition of thinksoft global services, an independent business assurance and testing specialist focusing on the. Signal hill advises sqs as it merges with thinksoft to create. We hope you continue to follow us to hear more about our bold steps in 2019. Sqs, the worlds leading specialist in software quality, has completed its acquisition of thinksoft global services, an independent business assurance and testing specialist focusing on the. Suriyanarayanan rajajayakaran test coordinator thinksoft. Sqs software to pick up majority stake in thinksoft for rs. German company sqs software, a specialist in software quality and software testing, will acquire a majority stake in the chennaibased thinksoft global for rs 148 crore. Sqs has rebranded as expleo and has a new linkedin page. Talentsprint and thinksoft global launch financial software testing. Thinksoft global services ltd, a financial outsourcing services company, informed bse ltd on wednesday that it had changed its name to sqs india bfsi ltd. Nov 01, 20 sqs software quality systems acquires thinksoft global services ltd on 201101 for an undisclosed amount. Sqs india bfsi limited formerly known as thinksoft global services ltd, leading business assurance and testing specialist focusing exclusively on the financial sector.
Thinksoft global services zooms 20% on open offer by sqs software. German company sqs software, a specialist in software quality and software testing, will acquire a majority stake in the chennaibased thinksoft global for. Thinksofts stock went up nearly 20% to close at rs 194 on the bombay stock exchange bse on friday. Formerly thinksoft global services brussels area, belgium 73 connections. At thinksoft technologies, we strive to build longterm, committed partnerships with our clients, helping them every step of the way on their path to success. Thinksoft is also well connected with many international and national forums for research exchange. See expleos revenue, employees, and funding info on owler, the worlds largest communitybased business insights platform. Thinksoft share price target thinksoft global services. Cologneheadquartered sqs software quality systems ag is acquiring a controlling stake in chennaibased thinksoft global services ltd for rs. Thinksoft global services limited how is thinksoft global. Browse all nelsonhalls research related to thinksoft global on the global bps market. Sqs, a londonbased mobile payments software company, has completed its acquisition of thinksoft global services, an independent business assurance and testing specialist focusing on the financial sector.
Under the agreement, thinksoft promoters have agreed to sell up to 2. Sqs india bfsi ltd sqs india, formerly thinksoft global services ltd, a subsidiary of sqs software quality systems ag, is a provider of business assurance and testing services. Both organisations are pure play independent software testing and quality management services companies and are a natural fit. At present sqs earns 78% revenue from indian resources. Expleo solution share price, expleo solution stock price. Sqs acquires a majority stake in indian software tester. Sqs acquires majority stake in thinksoft latest news. Helping financial services harness technological change to successfully deliver innovation. View sarala cs profile on linkedin, the worlds largest professional community. Expleo competitors, revenue and employees owler company profile.
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