MINDTREE LTD. - Mindtree to acquire Bluefin Solutions

MindTree Ltd has informed BSE that the Board of Directors of the Company have approved the acquisition of 100% equity interest in Bluefin Solutions Limited ('Bluefin'), a leading UK based IT solutions provider specializing in SAP HANA solutions, in an all cash transaction for GBP 42.3 million, and the definitive agreements have also been signed on July 16, 2015. The consideration includes an upfront payment of GBP 34 million and earn out of GBP 8.3 million payable over the next three years.<BR><BR>In this regard the Company has issued a copy of the press release dated July 16, 2015 titled "Mindtree to acquire Bluefin Solutions".