#GreyhoundInMedia: Sonata Software acquires stake in US-based Rezopia #Press #Media #HinduBusinessLine

Bangalore-based Sonata Software has acquired a controlling stake in California-based Rezopia for an undisclosed sum. This will help the company build Intellectual Property (IP) and get access to clients globally.

Mid-size companies are pushing hard to differentiate, gain access to IP and customers at a time when larger peers such as TCS and Cognizant are increasingly competing on IP and platform-led growth, which tend to come at higher margins, when compared to conventional IT services, which have gotten commoditised, according to Sanchit Vir Gogia, analyst with Greyhound Research.

To read the Full Article, click here: The Hindu Business Line

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