Public listed cloud solutions
provider 8K Miles Software Services Ltd, through its US arm 8K Miles Software
Services Inc. has acquired NexAge Technologies USA Inc. for $3 Million in a
cash and stock deal. The transaction also includes the existing debt of NexAge.
NexAge is one of the regulatory
compliance and technology solutions companies in the US for the life sciences
and pharmaceuticals industry. The agreement signed by the companies includes acquisition
of intellectual property, technical solutions, client contracts and employees. Through
this acquisition, 8K Miles will get access to the network of enterprise customers
and strategic partners acquired by NexAge during the last decade.
8K Miles will boost their world
class CloudExRx solution that has been designed to address qualification and
validation compliance for applications running on the cloud securely with a
purpose of empowering pharmaceutical and life sciences enterprises to use cloud
services across value and supply chains. 8K Miles is an public listed firm in
India with an operation base in Chennai.
8k Miles provides SMAC (social,
mobile, analytics, and cloud) solutions for connectivity between consumers,
SMBs, enterprises, and government agencies. Its flagship solutions ExIAM
provides capabilities for user management, user provisioning and access
requests for end users. Recently, the company acquired Cintel Systems Inc. a US
based mobile application development and Services Company. In March, it
acquired SaaS startup and in November 2014, it had acquired SERJ Solutions.
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