Two-wheeler major TVS Motor Company said that it has picked up 14.142% stake in the US-base IoT company called Altizon Inc through its Singapore-based subsidiary for a consideration of $25,00,000. In addition to this, the company has acquired 10 equity shares of Altizon India. — The Financial Express

LegaLogic Consulting advised Altizon Systems Private Limited led by a team of partner Vivek Sadhale, senior legal advisor Rutuja Deshpande.

2019-04-17

Deal value: US $7m

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