KPIT Technologies hikes stake in N-Dream AG

KPIT Technologies (KPIT) has acquired further 13% stake to take the total shareholding of the company to 26% in N-Dream AG, a Cloud based Game Aggregation Platform company, based in Switzerland. With this additional share purchase, KPIT continues to hold minority and non-controlling equity holding in N-Dream AG.

The additional stake was acquired for a cash consideration of Euro 2.3 million in primary investment and Euro 0.7 million in secondary investment.