FatPipe, Inc. completed the acquisition of the remaining non-controlling interests in its subsidiary, FatPipe Networks Private Limited, in July 2024. This transaction makes FatPipe Networks Private Limited a wholly-owned entity of FatPipe, Inc. The move is a strategic step to consolidate operations and enhance the company's global footprint.
This acquisition streamlines the operational structure of FatPipe, ensuring greater strategic alignment across its international business. The consolidation is expected to improve efficiency and control over its global initiatives.
The full ownership of the subsidiary is anticipated to support FatPipe's broader market expansion efforts, particularly in regions like South Asia where the company maintains a significant presence. This move strengthens the company's ability to execute its core business strategy.
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