Paramatrix to Acquire Metasys Software in Strategic Deal
Navi Mumbai (Maharashtra) [India], December 4: Paramatrix Technologies Limited (Paramatrix) (NSE: PARAMATRIX), a trusted provider of enterprise software products and digital IT services, today announced that its Board of Directors has […]
Navi Mumbai (Maharashtra) [India], December 4: Paramatrix Technologies Limited (NSE: PARAMATRIX), a recognised provider of enterprise software products and digital IT services, has announced that its Board of Directors has approved the execution of a Share Purchase Agreement (SPA) to acquire a 100% equity stake in Metasys Software Private Limited, a Mumbai-based software development and IT services company. This acquisition aligns with Paramatrix’s long-term strategy to broaden its technology portfolio and strengthen its global delivery capabilities.
The acquisition will be completed in three tranches over the next one year, with the entire transaction structured as a cash consideration. The strategic investment aims to deepen Paramatrix’s digital competencies while expanding operational capacity to meet growing industry and client demands.
About Metasys Software Private Limited
Established in 1996, Metasys Software Private Limited is a technology-driven company specialising in custom application development and digital engineering. The company has robust expertise across Microsoft .NET, FileMaker, iOS, PHP, and React-based technologies. Over the years, Metasys has built enduring delivery partnerships with international clients across North America, Europe, and Southeast Asia, supported by a stable service model and long-term recurring engagements.
Metasys reported a turnover of ₹12.63 crore for FY 2024–25, demonstrating consistent performance, strong client stickiness, and a resilient operational structure.
Strategic Rationale Behind the Acquisition
The acquisition is poised to deliver several long-term strategic advantages for Paramatrix, including:
-
Strengthening of digital engineering and software development capabilities through Metasys’ specialised technical expertise.
-
Enhanced delivery capacity and operational scale, enabling Paramatrix to undertake larger global projects.
-
Support for future revenue growth by adding a diversified, recurring services portfolio with international client engagements across key regions.
-
Opportunities to leverage integration synergies, creating a unified and scalable technology solutions ecosystem.
Paramatrix expects the acquisition to accelerate its roadmap of enhancing core competencies, widening its digital offerings, and integrating products and services more seamlessly.
Leadership Commentary
Commenting on the acquisition, Mr Mukesh Thumar, Founder, MD & CEO of Paramatrix Technologies Limited, said:
“This acquisition marks a meaningful milestone in our growth journey. Metasys brings strong engineering capability, established customer relationships and a mature services delivery model. Together, we look forward to building enhanced value, strengthening our digital offerings and accelerating growth across our integrated platforms.”
The acquisition underscores Paramatrix’s commitment to driving innovation, expanding its presence in international markets and delivering high-impact digital engineering solutions to its growing global customer base.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com for rectification within 24 hours.
This news content may be AI-assisted and has undergone full human editorial review for accuracy and compliance with India's media ethics standards.