Skyvera to acquire the telecom products & software business of Sterlite Technologies for $15m.

Skyvera, a telecommunication software business, agreed to acquire the telecom products & software business of Sterlite Technologies, a telecommunication company, for $15m. "STL has signed an amended and restated agreement dated March 27, 2023 with Skyvera LLC and its Indian subsidiary in relation to transfer of the assets. It is clarified that the aggregate consideration being received by STL under the revised transaction structure remains the same," Sterlite Technologies.