Pagero acquires its Sri Lankan-based R&D operations
This announcement and the information contained is not considered to have significant impact on Pagero Group’s performance In an agreement signed with Creative Technologies, Pagero will acquire the entirety of its previously outsourced Sri Lankan-based R&D operations.Creative Technologies (PVT) has been administering Pagero’s R&D centre with 35 employees in Colombo, Sri Lanka since 2006. Seeing both financial and operational benefits in a potential merger, the two companies have reached an agreement in which Pagero will acquire 100% of its operations outsourced in Sri Lanka. Creative