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Sonata Software soars on acquiring US-based Quant Systems in all-cash deal

Sonata Software jumped 4.61% to Rs 722 after the company's wholly owned subsidiary Sonata Software North America Inc. announced the signing of definitive agreement for acquiring 100% stake in Quant Systems Inc. Quant Systems, Inc., a Texas-based IT services corporation, is an enterprise data analytics and cloud modernization service provider for leading Fortune 500 clients and has presence in USA, India and Costa Rica. The corporation has technical expertise in enterprise data analytics, cloud modernization, cyber security, salesforce, data privacy, Adobe, Snowflake, and digital & mobile app...