SECUREKLOUD TECHNOLOGIES LIMITED has informed the Exchange regarding a press release dated Jun 16, 2025, titled "Healthcare Triangle Completes Strategic Acquisition of Niyama Healthcare and Ezovion Solutions".
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SecureKloud Technologies' US-based subsidiary Healthcare Triangle, Inc. (Nasdaq: HCTI) has completed the acquisition of Niyama Healthcare, Inc. (a mental health SaaS platform) and a 100% stake in Ezovion Solutions Pvt. Ltd. (a hospital information systems provider), executed through its wholly owned subsidiary QuantumNexis. The total deal value is $5.7 million, comprising $1.5 million in cash (with $1.2 million paid at closing), $3 million in restricted HCTI common stock, and up to $1.2 million in earn-out payments tied to first-year performance. The acquisition expands HCTI's presence in digital healthcare, mental health SaaS, and hospital information systems across India, Southeast Asia, and Europe, adding recurring subscription revenue streams. Transition and integration will continue through August 15, 2025.
For SecureKloud shareholders, this strengthens the subsidiary's product portfolio and revenue base in high-growth healthcare segments, which is a positive strategic move. However, the deal size is modest and a significant portion is stock- and earn-out-based, limiting immediate cash impact. Watch for revenue contribution and integration progress from HCTI's upcoming quarterly results.