Saksoft gains 5% on acquisition of majority stake in cybersecurity firm

Saksoft has acquired a majority stake in Thesys Technologies

The acquisition was made for an undisclosed amount

Thesys Technologies is a cybersecurity firm

The acquisition will help Saksoft expand its cybersecurity offerings

Saksoft is a software services company

The acquisition is in line with Saksoft's strategy to expand its digital offerings

Saksoft has been focusing on digital transformation and cloud services

The acquisition will help Saksoft strengthen its position in the cybersecurity market

Saksoft's stock price rose by 5% after the announcement of the acquisition

The acquisition is expected to be completed by the end of March 2021

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