Sonata Software North America, a wholly owned subsidiary of Sonata Software, has signed definitive agreements to acquire a controlling stake in Rezopia, California, USA.
Rezopia runs a cloud based end-to-end reservations, contracts, operations and distributions management platform for travel providers.
In a separate transaction, Sonata Software purchased the business of Xyka, a Bangalore based company and the sole service provider to Rezopia, under a business transfer agreement.
Shares of the company gained Rs 0.55, or 0.57%, to trade at Rs 97.65. The total volume of shares traded was 157,272 at the BSE (3.29 p.m., Friday).