MUMBAI: Shares of Mastek gained momentum Tuesday after it acquired the Systems Task Group International, an IP-based enterprise solutions provider to the North American property and casualty insurance industry.
This acquisition is the second such initiative by Mastek during the current financial year, and follows the acquisition of another insurance-focused IT Company Vector Insurance Services in July 2007.
At 10:29am, the stock was at Rs 269, up 3.70 per cent on the BSE.
This acquisition is the second such initiative by Mastek during the current financial year, and follows the acquisition of another insurance-focused IT Company Vector Insurance Services in July 2007.
At 10:29am, the stock was at Rs 269, up 3.70 per cent on the BSE.
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