Genpact has entered into a definitive agreement to acquire PNMsoft. Terms of the transaction were not disclosed.
PNMsoft is a case management and work optimization solutions provider based around Tel Aviv, Israel.
The closing of the acquisition is subject to satisfaction of certain customary conditions and expected in the third quarter. The transaction is not expected to be material to current year financial performance.
Sanjay Srivastava, Genpact senior vice president and Chief Digital Officer, said, “PNMsoft will help us deliver agile, focused workflow interventions tightly aligned with business outcomes, that leverage data analytics in real time, use machine learning to learn over time, and utilize integrated machine intelligence. This is really exciting for us in our Lean Digital journey with our clients.”