SaaS firm Capillary Technologies has approved an investment in its wholly owned overseas arm to acquire US-based loyalty and engagement platform Session M Inc., the company disclosed this development in a regulatory filing on Tuesday.
The board has cleared an investment into Capillary Pte. Ltd. to buy 100% shareholding in Session M, which is currently a wholly owned subsidiary of Mastercard Inc.. The transaction will also include Session M’s Czech subsidiary.
Founded in 2011, Session M operates a cloud-based loyalty and customer engagement platform….

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