Capillary Technologies India Limited has informed the Exchange regarding a press release dated February 24, 2026, titled "Capillary Technologies Reinforces Global Loyalty Management Leadership with Acquisition of Session M from Mastercard".
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Capillary Technologies has signed a definitive agreement to acquire SessionM, a customer engagement and loyalty company, from Mastercard. The deal is described as Capillary's most ambitious move to date, following its earlier integrations of Brierley and Kognitiv. A specialized SessionM team will transition to Capillary, and SessionM's global client base, including Fortune 500 retailers, airlines, and CPG brands, will continue to be served. The company noted this is part of its growth strategy since listing on Indian stock exchanges in November 2025. No deal value or financial terms were disclosed in the announcement.
This acquisition strengthens Capillary's position as a global leader in loyalty management and expands its enterprise client base, which could be positive for long-term growth. However, the absence of deal value and potential integration costs may create some near-term uncertainty for shareholders.